Recent Analysis
  • By Angus Brown

Retail beef price rises take a breather – for now

It will come as no surprise to those who buy beef that retail beef prices are at all-time highs. It might be a surprise to see that in the June quarter beef prices actually didn’t rise relative to the previous quarter, but that might not be the case for the coming months.

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Cattle
  • By Matt Dalgleish

Mutton prices holding up well compared to lamb, but for how long?

The market commentary from last week mentioned the recent resilience of mutton prices despite increasing slaughter levels. This analysis focuses on the seasonal percentage price gain patterns for sheep, lamb and the spread between the two price series in order to give an indication of what to expect as we head toward spring.

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Sheep
  • By Andrew Woods

Is there more short wool in the clip?

Carding prices have been trending higher in absolute terms and in relation to combing wool prices since mid-1999 when the Merino Carding indicator traded below 250 cents. In recent years bi-annual shearing has been adopted by some farmers, and exporters with Italian contacts have been encouraging fine wool farmers to adjust shearing frequency to keep staple lengths at their preferred levels. This article looks at the supply of short staple wool to see if there has been any significant change.

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Wool
  • By Andrew Whitelaw

Extend the horizon on fuel and fertilizer.

The grain market is currently in the doldrums, with little in the way of positivity for the next few months. At least our major inputs are starting to get cheaper, and assist with our cost of production. In this update we will give an insight into the fuel and fertilizer market.

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Grain
  • By Matt Dalgleish

Disparity between 90CL and EYCI at record levels

In late June Mecardo published a piece on the long term correlation between local heavy steer prices and US live cattle futures showing that yearly average prices, expressed in US$/kg cwt terms, for both prices series show a remarkably close relationship. The Eastern Young Cattle Indicator (EYCI) and the 90CL frozen cow price share a similar price relationship and this article focuses on the current price disparity between the two and what it suggests for future price movements.

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Cattle
  • By Angus Brown

Breed, management or weather driving better percentages

Last week we concluded that better lambing percentages are in part driving the "more lambs from less sheep" dynamic we have seen over the last two years. This week we thought it prudent to do some analysis on what is driving better lambing percentages, and whether they are sustainable, or could they fall back again.

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Sheep