Lamb indicator down 5pc

SOUTHERN Australia’s hot and dry conditions have forced an increased number of lambs on the market, resulting in the Eastern States Trade Lamb Indicator (ESTLI) dropping 5per cent year-on-year, to 525 cents per kilograms carcase weight. Last week Western Australia trade lambs averaged 487c/kg cwt, down from 517c/kg last year, while...

Wool production set to decline

AUSTRALIA'S shorn wool production for 2015/16 is set to decline by 7 per cent to 322 million kilograms greasy (mkg), a drop from the estimated 346 mkg for the 2014/15 season. The Australian Wool Production Forecasting Committee (AWPFC) released its revised forecast today, with the decline reflecting a combination of a...

Lamb Prices Gone of the Boil

Lamb prices have boiled over the past fortnight, as large yarding's at some sale centers, and a notable drop in competition in the past week, have seen wounding rates pull back significantly. At the close of markets last week, heavy lambs shed 9c to 509c/kg carcase weight, while trade lambs fell...