Cull Cow Prices Bounce Back

Cull Cow Prices Bounce Back

Cull cow values have bounced back in January, according to the National Livestock Reporting Service. Saleyard prices for dairy cows averaged 232c per kg liveweight in the December quarter, down 5.5% from the prior three-month period. For the first three weeks of 2025,...
Above Average Wheat Crop For 2024/25

Above Average Wheat Crop For 2024/25

Australia’s wheat production is estimated at 32 mt for 2024/25 based on receivals data. This is the third largest crop on record, 20% above the 10-year average and despite tough seasonal conditions across southern Australia. Wheat quality is reportedly lower than...
Above Average Wheat Crop For 2024/25

Small Increases In Water Entitlements

The Resource Manager for northern Victoria updated the 2024/25 seasonal determinations. The Campaspe system seasonal determination increases from 47% of low-reliability water shares (LRWS) to 48% LRWS, in addition to 100% of high-reliability water shares (HRWS). The...
Confidence Eases In December

Confidence Eases In December

The Westpac-Melbourne Institute consumer sentiment survey dipped in January to 92.1, down 0.7% from the month prior.   Consumers’ assessment of their finances compared with a year ago reversed December’s gains. Other forward looking measures were more stable; with...
Food Inflation Rises, Dairy Prices Down

Food Inflation Rises, Dairy Prices Down

Australia’s monthly consumer price index (CPI) indicator rose 2.3% in the 12 months to November 2024, compared to 2.1% in the prior month. The food and non-alcoholic beverages category was a top contributor alongside higher prices for alcohol, tobacco as well as...