Posted by: Kylie Wilson
The Agribusiness Monthly provides timely information and
analysis on agricultural conditions, commodity price updates and commentary on
the latest sectoral trends and developments.
- Grains & Oilseeds: Recent rain across east coast Australian cropping regions has been beneficial to crop conditions. Sub soil moisture levels have improved in many areas, and prospects of above average production in 2015/16 with late season follow up rain have increased.
- Dairy: Opening prices for southern producers averaged around AUD5.60/kgMS.
- Beef: Strong global demand and possible domestic supply shortages suggest that prices could increase further, however they may temper slightly through winter as the market considers the upcoming season.
- Sheepmeat: Lamb prices continue to follow a similar trend to 2014, with prices well above the five year average.
- Cotton: Continued forecasts for a tightening of the world cotton balance sheet should see global prices supported through the 2nd half of 2015.
