Global food commodity prices set to ease in 2024

The record highs seen for global food commodity prices over the past three years are not expected to continue into 2024, with analysts forecasting a return to 'a semblance of normality' for producers.

Cattle, Market Insights, Sheep & Lamb

The pendulum of profitability has swung to the processor

It has been a while since we took a look at the EP3 Beef Processor Profitability Index (BPPI) and how times have changed for the s...

Cattle, Market Insights, Goat, Sheep & Lamb

A mountain of livestock and congested supply chains

If you're looking for the perfect example of a perfect storm in Australian agriculture, then look no further than the current high...

Market Insights, Sheep & Lamb

Processors working hard or hardly working?

There has been a noticeable lift in weekly lamb processing volumes across east coast abattoirs in the past two months.

The pendulum of profitability has swung to the processor

The profitability of beef processors has hit a record. Find out the factors contributing to this positive trend and the implications for the beef industry.

A mountain of livestock and congested supply chains

RaboResearch senior animal proteins analyst Angus Gidley-Baird believes there is "a slightly brighter light at the end of a slightly shorter tunnel for the cattle industry compared to the sheep industry at the moment".

Processors working hard or hardly working?

For the first half of 2023, sheep slaughter is nearly 70% higher than the levels seen over the first half of 2022.

Spring 2023 Cattle Price Forecast

Increased turn-off of livestock into late spring and summer poses further downside risk to prices. Some much-needed rain at the right time would see supply held back and support prices.

United States driving beef exports higher

The 25,761 tonnes of beef shipped to the US was the highest monthly volume since June 2020.

Record lamb exports for the month of August

Lamb exports reached 31,779 tonnes shipped in August, the highest monthly export volumes ever.

Global beef markets: Lower demand in most regions and diverging prices to affect exports

Rabobank's recent quarterly global beef report suggests declining supply and strong consumer demand in the US is driving cattle prices higher, while lower domestic beef supply has also held up prices in Canada and Europe.

Further evidence suggests the cattle market is transitioning into liquidation

The finishing and processing section of the supply chain is now in the driver’s seat as higher supply drives the market

Knowing when to hold ’em and when to fold ’em 2.0

Falling prices have counteracted weight gains to leave steer values mostly flat

Global food commodity prices set to ease in 2024

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The pendulum of profitability has swung to the processor

A mountain of livestock and congested supply chains

Processors working hard or hardly working?

The pendulum of profitability has swung to the processor

A mountain of livestock and congested supply chains

Processors working hard or hardly working?

Spring 2023 Cattle Price Forecast

United States driving beef exports higher

Record lamb exports for the month of August

Global beef markets: Lower demand in most regions and diverging prices to affect exports

Further evidence suggests the cattle market is transitioning into liquidation

Knowing when to hold ’em and when to fold ’em 2.0

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