Feb 19, 2019
Prices up at Ballarat Sheep and Lambs
Yarding - 21,369 (+4840) .Lambs - 11,458 (+1805).Sheep - 9911 (+3035). Lamb supply lifted by 1,800 head this week at Ballarat, with 14,458 yarded, on top of recent stronger returns. Quality varied from average to very good, with several…
Feb 19, 2019
Foot and Mouth disease outbreak in South Africa drives Aussie Wool Market
We have seen a significant rise in the market today partly due to a foot and mouth disease outbreak in South Africa. An export ban has caused China to temporarily stop wool exports from South Africa.Karee Wool market report for the…
Feb 19, 2019
Mecardo Analysis - Beef exports out of the blocks quickly in 2019
By Matt Dalgleish | Source: DAWR, Mecardo. The release of Department of Agriculture and Water Resources (DAWR) beef export trade statistics for January highlights a promising start and, although it is early days in the season, the…
Feb 19, 2019
Mecardo Analysis - Regional Rainfall Update January 2019
By Matt Dalgleish | Source: BOM, Mecardo. Mecardo have created a series of regional rainfall charts across the nation in order to compare the current seasonal rainfall on a monthly basis to the long term average levels and the normal/extreme…
Feb 19, 2019
Mecardo Analysis - Sheep feeding payoff depends on timely rain as usual
By Angus Brown | Source: MLA. Last week we took a look at Meat and Livestock Australia’s (MLA) sheep flock and slaughter forecasts, both of which are very bullish for sheep prices. With much of the country lacking paddock feed at…
Feb 19, 2019
Mecardo Analysis - Saudi Arabia, China, Pigs and Chooks
By Andrew Whitelaw | Source: Mecardo. The barley market has been very intriguing in recent years. In this update, we look at Saudi Arabian demand, Chinese Anti-dumping investigations and the value of barley to Australian consumers.In…
Feb 19, 2019
Mecardo Analysis - Fine Merino seasonal supply patterns
By Andrew Woods | Source: AWEX, ICS. The wool auction system is both a transparent price discovery system and a giant blending machine, as exporters construct mill consignments from individual grower lots, a point often missed by…
Feb 18, 2019
Desperately seeking Saudi… By Peter McMeekin
World Grain ReportGlobal barley values have been in decline for much of this year as the lack of demand from key importers continues to weigh heavily on international markets. This is despite the latest World Agricultural Supply and…
Feb 18, 2019
Dearer trend and Bendigo Sheep and Lambs
Yarding - 16,800 (-3830) .Lambs - 13,000 (-1280).Sheep - 3800 (-2550). Lamb numbers eased again, while sheep supplies dropped by 40% for an overall yarding of less than 17,000 head. Quality was again mixed, reflecting the season,…
Feb 17, 2019
From sheep’s back to moonshot: Meeting the 2030 targets
By Richard Heath - Executive Director, Australian Farm InstituteA unifying purposeFor the majority of the 20th century Australian agriculture had an identity that was obvious and visible to the public. The wool boom (which reached…
Feb 17, 2019
Fit out complete at new Goat abattoir at Bourke
The Australian meat industry is worth $19.8bn and has performed strongly in the last 5 years. Approximately 60% of production is exported to markets such as Japan and South Korea, with niche meats such as kangaroo and goat gaining…
Feb 17, 2019
Seed Force opens new headquarters in Shepparton
Seed Force last night celebrated the official opening of their new purpose-built national headquarters at Shepparton in Victoria. The company hosted more than 110 guests on-site for an evening event to mark the milestone.Chair, Warwick…
Feb 17, 2019
Water for Ag - We need to do more with less
By James Bentley - Associate Director, Natural Value at National Australia BankAustralia already boasts the world’s best water risk management system – water markets – and our farmers are amongst the most adept at navigating the complexity…
Feb 16, 2019
Ag Tech Sunday - Speed vs. Velocity in Ag Tech
By Shane Thomas“I wanna go fast”; a famous line from a popular Will Ferrell comedy, “Talladega Nights”. Going fast is all the rage – it’s fun and it feels like we are being productive, working towards an outcome or accomplishing something.…
Feb 16, 2019
Ag Tech Sunday - Wearable Technology Set to Revolutionise the Livestock Industry
US-based Livestock Labs is set to shake up livestock management with the development of Embedivet, a remote monitoring system which tracks valuable information about the health status of cattle.The system includes an Embedivet chip…
Feb 15, 2019
Wool EMI ends the week up 24 cents
By Mark Dyson - Quality WoolA specialty offering of Tasmanian wool out of Melbourne and a steady Australian dollar trading at 71 US cents assisted the Eastern Market Indicator (EMI) in increasing this week by 24 cents clean to finish…
Feb 15, 2019
Mecardo Analysis - EU wheat at a discount
By Andrew Whitelaw | Source: CME, MATIF. In this week’s grain market update we take a look at the new crop contracts overseas now that we’re approaching the northern hemisphere harvest.The Chicago wheat futures show some small gains…
Feb 15, 2019
Mecardo Analysis - I see red, I see red, I see red, and it’s not Valentine’s roses
By Matt Dalgleish | Source: MLA, BOM, Mecardo. Softening cattle prices across the board this week and all major NLRS reported categories of cattle across the East coast are now below levels recorded this time last season, including…
Feb 15, 2019
Mecardo Analysis - Wool supply issues in the North
By Robert Herrmann | Source: AWEX, Mecardo. The drought is showing its effect especially in the northern selling centre (Sydney), where a very small offering of 7,500 bales this week met with strong competition. The south and western…
Feb 15, 2019
Mecardo Analysis - Weekly Wool Forwards for week ending 15 February 2019
By Matthew McAdam | Source: Riemann, Mecardo. An interesting trend has emerged this week in the auction market, where we’ve seen continual heightened prices across all micron categories. When coupled with the Aussie dollar on a continued…
