Livestock prices to be impacted by very high production numbers
With a mountain of supply flooding the market coupled with drier conditions Rabobank suggests some farmers will be counting numbers in their sleep Local sheep, cattle and goat markets are being impacted by very high production numbers, compounded by already large volumes of meat in congested supply chains, according to agricultural analysts at Rabobank. For […]
What to expect from Sheep and lambs in 2023 according to Rural Bank research
Lamb producers will head into 2023 with confidence as a rebuilt flock and wet conditions fuel a period of high production with prices to remain high from a longer-term perspective A high supply environment is set to continue for Australian lamb into the first half of 2023. A rebuilt national sheep flock led to increased […]
Sheep numbers and sheepmeat production is expected to increase even further
Sheep producers are in a strong position due to a larger flock and strong demand from the US and other export markets Sheepmeat production is forecast to rise in the second half of the year according to the Rural Bank’s Australian agriculture mid-year outlook report. The report goes on to say that supply so far […]
Sheep producers seek to arrest decline of the national flock
A project commissioned by Sheep Producers Australia aims to quantify the opportunities for sheep producers and define the drivers of flock decline
Sheep producers faced with mixed fortunes
Analysts are picking continued support for sheep meat prices given the limited supply available but wool producers look likely to suffer a continued slide in returns. In a webinar exploring the sheep and wool outlook, Rabobank analyst Angus Gidley-Baird said sheepmeat prices – despite being much higher than expected early in the year – would […]