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Sheep Tag

The wool market resumed after the winter recess selling in all three centres but it was an opening that many feared. Demand was negatively affected by the global uncertainty focused on the US/China trade dispute. Most buyers would have called on their northern hemisphere customers over...

Lamb supply continues to contract and with it, prices are on the rise, mostly.  There were a couple of negative spots, especially in the restocker department, but we did see an indicator break through the extraordinary 1000¢ level. New South Wales was where the action was...

Just yesterday we released a piece on the prospect of a late Winter rally for the Eastern States Trade Lamb Indicator (ESTLI), signalling a test towards 935¢ this month. So far east coast markets are behaving compliantly, with the key lamb indicator finishing the week...

The question last week was “is this the bottom?” We had a clear answer this week,in the short term the market pain is still coming. Again a small offering was met with a lack of confidence (read lack of orders) from buyers and their processor...