Markets

Crossbred wool prices reach historic levels in buoyant Australian auctions

HISTORICALLY high crossbred wool prices, including gains of up to 35 cents for 28 micron lines, were the highlight of a buoyant Australian auction market this week…Read More

Sheep Central, February 15, 2019

Tight wool supplies staving off forward contract discounts

AUSTRALIA’S wool auction market had another strong week, with low supply pushing Merino qualities higher and forward price discounts being offset by the tight supplies…Read More

Michael Avery, Southern Aurora Markets partner, February 15, 2019

Online wool sales lift with lower dollar and strong overseas demand

ONLINE wool sellers benefited from strong overseas demand and the weaker Australian dollar last week as buyers continued to show interest in sourcing suitable crossbred clips. AuctionsPlus sold 291 bales online last week, including 133 bales of crossbred wool…Read More

Sheep Central, February 12, 2019

NSW sheep producers continue their online drought turn-off

AUCTIONSPLUS online sheep and lamb listings increased last week, with another big turn-off of stock from drought-stricken New South Wales…Read More

Sheep Central, February 11, 2019

Wool buyers bid up as Australian auction offerings start to fall

AUSTRALIAN wool prices increased this week with buyers bidding aggressively to secure supplies as future auction volumes look set to decline…Read More

Sheep Central, February 8, 2019

Lower lamb price trend prompts fall in saleyard offerings

LAMB prices hit a six-month low with the Eastern States Trade Lamb Indicator averaging 647c/kg cwt this week, Meat & Livestock Australia said…Read More

Sheep Central, February 8, 2019

Forward wool market hesitant as tight supplies sustain auction prices

THE forward wool market opened a little hesitantly this week, with the backdrop of the Chinese New Year expected to lead to a slow in demand…Read More

Michael Avery, Southern Aurora Markets partner, February 7, 2019

Industry Dashboard

$A / $US Graph

Updated 7am daily
Today
0.7150
Source: NAB

ASX Market Index

21 Feb 2019 (updated 10am daily)
Company Price Trending
Elders $6.20
Australian Agricultural Co $0.93
Graincorp $9.62
Ruralco $3.01
Ridley $1.41
Woolworths $30.30
Wellard $0.042
Source: ASX

ESTLI

Eastern States Trade Lamb Indicator. Ac/kg cwt

Last Week

630
Source: MLA's NLRS

EMI

Eastern Market Indicator. c/kg clean

Today

1944
Source: Australian Wool Exchange

SOI Graph

Southern Oscillation Index (SOI)

Today

9.3
Source: Australian Bureau of Meteorology

Goat Graph

Eastern States 2.1-16kg c/kg cwt

Today

580
Source: MLA
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