Difficult drought decisions | feed grain update | EU trade negotiations

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Difficult drought decisions
Does the potential upside in prices following a drought justify the high cost of feeding? Here we look at the numbers from previous drought periods and the key factors producers should consider.
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Feed grain price update and winter crop outlook
Demand for feed grain continues to rise this month, with prices for wheat and barley at their highest level in almost ten years.
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Market watch: sheepmeat remains resilient
Despite poor seasonal conditions, the sheepmeat market has stayed strong – supported by demand and export growth.
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Lamb farm incomes bolstered
Strong sheepmeat and wool prices have resulted in farm incomes remaining at historical highs during the last few years.
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EU trade opportunities
This week’s official start of trade negotiations with the EU provide a significant opportunity for Australia’s red meat access to Europe.
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