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 […]

Recent rain could push sheep prices up even further in 2022

The recent rain across much of Australia’s sheep country may see sheep prices rise even further, heading into 2022. According to ANZ’s latest Agri Commodity Report, the extra green clip as a result of the rain could not only see sheep gaining extra condition, but could substantially reduce feed costs for farmers. “Apart from those […]

ANZ commodity report shows agriculture holding up well

ANZ’s latest commodity report reveals Australia’s agriculture sector is faring better than other industries as ‘panic buying’ from consumers during the coronavirus pandemic boosted products including wheat, grains and beef. Some segments have been adversely affected though, including the wine, seafood and wool industries that rely heavily on China. The impact of the pandemic has […]