Month

November 2016

Livestock Manager’s Report

Store stock is the flavour of the week again with demand for store lambs and cattle at its peak. Yesterday saw a line of Border/Merino wether lambs (new season) offered on AuctionsPlus weighing approx 36 kg live weight selling to $103 per head whilst aged merino wethers all exceeding scale prices with both restockers and processors...
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Wool Manager’s Report

Another large offering this week with Melbourne selling over 3 days and both Sydney and Fremantle operating on Wednesday and Thursday. Over 49,000 bales were offered and the market managed to perform well. One of the key drivers at this point in time is the slide in the currency over the last two weeks; basically...
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Livestock Manager’s Report

Livestock this week saw a similar trend to previous weeks. On the processing front, prime cattle and lambs held their ground and store stock (cattle and lambs) all receiving strong competition with both local and interstate demand out there for both. Today saw 800 store cattle offered at Quoiba to an incredibly strong market with...
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Wool Manager’s Report

This week I am again focusing on the crossbred end of the market in an attempt to highlight the significant change we have seen in demand and subsequently the price being received. 12 months or so ago the crossbred market was operating in somewhat of a bubble, we were seeing prices reach unprecedented levels on...
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Livestock Manager’s Report

Livestock this week saw a few slight changes with mutton sheep and store cattle and lambs continuing their strength in the market place while processing cattle and prime lambs just easing slightly with mainland numbers increasing and putting pressure on markets with the old supply and demand mechanism kicking in. Yesterday we saw a very...
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Wool Manager’s Report

At the time of writing we have just learned of the somewhat surprising result of the US federal election and the impending appointment of Donald Trump as President. While this result has very little direct impact on the local wool market, it certainly has had an effect on the main currency exchange rates the wool...
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