World wheat markets strengthened early this week, buoyed by a breakthrough in trade talks between the United States and China.
The soft slide in Australian wheat prices stalled last week, with gains in prices in Victoria and South Australia in particular. All port zones seemed to gain despite a modest drop in the A$ value of CBOT futures.
Live sheep exporters have imposed a three-month moratorium on sheep shipments to the Middle East during the Northern Hemisphere summer.
Australian Wool Innovation (AWI) has announced a $2.5 million investment in flystrike vaccine investigation.
We are now just a few weeks away from the wheat supply for 2019 being locked in. Wheat prices are still very high, and while they may ease for a little longer, there is no reason for wheat prices to return to global price levels until we get the bins filled properly from the 2019 harvest.
A shortage of supply and strong demand from overseas mills lifted the price of wool at last week's auctions
Repeat buyers with confidence in both the future of the lamb market and the genetic potential of first cross ewes bred on the southern tablelands were prominent at the annual sale at Yass
Feedlot initiative assures productive capacity at Haddon Rig in dry periods, and making the most of strong lamb prices.