Recent Analysis
  • By Angus Brown

If you listen closely you can hear Canola basis crashing

About 10 years ago I heard a grain marketing advisor say in relation to using futures or physical prices, “the basis will tell you what to do”. If we apply this to the current market, the basis is definitely saying hold canola, and sell wheat, despite prices being at the opposite end of the historical spectrum.

Read Article
Grain
  • By Andrew Woods

Wool supply catches up

With the wool supply chain reported to be operating on a hand to mouth basis, with little merino stock held, changes to fresh shorn wool becomes of great interest. In this sense the market is the opposite to the conditions which existed during the aftermath of the collapse of the Reserve Price Scheme, from 1991 through to the end of the 1990s. This article takes a look at the latest AWTA wool volume data for November.

Read Article
Wool
  • By Angus Brown

Is there money in $110 lambs?

Here’s the question facing many lamb producers in South West Victoria and South East South Australia. Do I take the very good store lamb prices on offer, or do I use abundant feed and cheap grain to grow them out into a trade or heavy lamb?

Read Article
Sheep
  • By Andrew Whitelaw

Will the national wheat yield be 15% higher than 2011/12?

The growing season has been interesting to say the least. We have seen flooding, hail and frost in strong proportions around the growing areas. The overall crop has continued to grow, and the numbers being bandied around by crop forecasters and the trade vary widely. In this analysis, we will look at the various projections.

Read Article
Grain
  • By Andrew Woods

How have apparel fibre prices changed during the past six years?

At the AWI AGM last week mention was made of the increase in the gross sale value of the Australian wool clip from $2 billion in 2009-10 to an estimated $2.9 billion in the current season. The 45% increase in value is rightly seen as a good sign for the industry. This article takes a look at the change in value in the context of what has happened to other apparel fibres.

Read Article
Wool
  • By Angus Brown

Lamb exporters forward thoughts are flat

A lot of lamb market talk in recent months has focussed on the dearth of lamb supply through most of spring, and what this means for heavy lambs in late summer and autumn. A couple of major heavy lamb buyers and exporters laid their cards on the table last week, pricing lambs for February and March.

Read Article
Sheep
  • By Angus Brown

Could we see pressure on cattle courtesy of the Kiwi's

Some information out of the US this week suggested the market for lean trim was likely to weaken in January. Lower beef export prices would no doubt put some pressure on cattle prices, and as such it is prudent to take a look at what might drive lower values in the New Year.

Read Article
Cattle