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Showing 10 results of about 286 for 'sheep comments' :
  • SHEEP
  • NATIONAL

Friday, March 22, 2019

Mutton firms despite elevated supply

A bit of a mixed bag for lamb price movements this week across the Eastern states, with Restocker, Trade Lambs and Mutton the only categories to see a price lift. Mutton prices remained remarkably strong in the face of elevated yarding and slaughter throughout much of March..

http://www.mecardo.com.au/commodities/sheep/market-comment/mutton-firms-despite-elevated-supply.aspx
  • SHEEP
  • NATIONAL

Friday, March 15, 2019

Lamb prices experiencing a case of Déjà vu

Another week, and more of the same for lamb prices. While lamb producers should be happy that they’re not trying to sell cattle at the moment, many are still thinking about the prices they didn’t lock in earlier in the year, as prices drift along the same path as last year.

http://www.mecardo.com.au/commodities/sheep/market-comment/lamb-prices-experiencing-a-case-of-deja-vu.aspx
  • SHEEP
  • NATIONAL

Friday, March 08, 2019

Slaughter and supply in elevator highs

Elevated sheep slaughter continued to drag on mutton prices this week across the East coast and, while sheep supply in NSW is running at levels similar to what we saw this time last season, it is interesting to note that Victoria has seen a significant lift in sheep slaughter rates since the start of 2019 compared to the first few months of 2018.

http://www.mecardo.com.au/commodities/sheep/market-comment/slaughter-and-supply-in-elevator-highs.aspx
  • SHEEP
  • NATIONAL

Friday, March 01, 2019

Pricing resisting supply pressure, but maybe more to come

The higher prices last week brought more lambs forward, and as such the rally was stifled. With supply still running strong, it seems to be a countdown until a sharp supply shift.

http://www.mecardo.com.au/commodities/sheep/market-comment/pricing-resisting-supply-pressure-but-maybe-more-to-come.aspx
  • SHEEP
  • NATIONAL

Friday, February 22, 2019

Signs of tightening supply

A nice lift in prices across the board for all NLRS reported categories of lamb and sheep along the East coast this week, as saleyard throughput figures suggest supply is on the wane. The Eastern States Trade Lamb Indicator (ESTLI) gaining over 3% to close at 665¢/kg cwt.

http://www.mecardo.com.au/commodities/sheep/market-comment/signs-of-tightening-supply.aspx
  • SHEEP
  • NATIONAL

Friday, February 15, 2019

When 620¢ is no longer enough

Late this week the lamb and sheep market found some strength. Prices will only fall for so long before grower baulk and put other strategies in place. Either supply has run out, or producers are holding off. Either way it looks like we might have seen the bottom.

http://www.mecardo.com.au/commodities/sheep/market-comment/when-620c-is-no-longer-enough.aspx
  • SHEEP
  • NATIONAL

Friday, February 08, 2019

Price action suggests a rebound in supply

The dip in lamb and sheep supply after last weeks shortened selling program was evident in throughput levels reported to Friday 1st of February. Lamb and sheep prices have continued to ease this week, suggesting that saleyard volumes have rebounded, but we won’t know for sure until NLRS release their throughput report next Wednesday.

http://www.mecardo.com.au/commodities/sheep/market-comment/price-action-suggests-a-rebound-in-supply.aspx
  • SHEEP
  • NATIONAL

Friday, February 01, 2019

Merino lambs finding support but restockers not

The Australia Day holiday saw an interrupted week for lamb sales but prices were relatively steady for finished crossbred lambs. Though, we did see some interesting price movements for restocker and Merino lambs, as well as the Mutton indicator, which might be a preview of things to come.

http://www.mecardo.com.au/commodities/sheep/market-comment/merino-lambs-finding-support-but-restockers-not.aspx
  • SHEEP
  • NATIONAL

Friday, January 25, 2019

Lower saleyard numbers help prices find a foothold

The Eastern States Trade Lamb Indicator (ESTLI) managed to climb 3.8% this week and East coast mutton wasn’t far behind, registering a 3.6% gain, as lighter throughput compared to this time last season lent some support to prices.

http://www.mecardo.com.au/commodities/sheep/market-comment/lower-saleyard-numbers-help-prices-find-a-foothold.aspx
  • SHEEP
  • NATIONAL

Friday, January 18, 2019

Victorian supplies keeping a lid on prices

There are still plenty of lambs coming for slaughter in Victoria, but NSW supply is waning. As such, lamb prices have been on the wane early in the year, and mutton has also been dragged lower. It seems the destocking of sheep isn’t over yet.

http://www.mecardo.com.au/commodities/sheep/market-comment/victorian-supplies-keeping-a-lid-on-prices.aspx

Mecardo information is provided to assist in your marketing decisions. It contains a range of data and views on the current market. It is not intended to constitute advice for a specific purpose. Before taking any action in relation to information contained within this report, you should seek advice from a qualified professional. The information is obtained from a variety of sources and neither Mecardo nor Ag Concepts Advisory will be held liable for any loss or damage whatsoever that may arise from the use of information or for any error or mis-statement contained in this report. 

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