Feb 05, 2019
It’s off to work we go… By Peter McMeekin
World Grain updateThe partial United States (US) government shutdown finally came to an end last week, and over 800,000 non-essential government employees returned to work. This means that the United States Department of Agriculture…
Feb 04, 2019
DelayPay three months in - What we've learn't
By Kelsey MillerThree months ago we launched DelayPay, a new product that enabled Farm Tender customers to purchase farm inputs and pay for them up to 6 months later. Putting something new out there always gives me a buzz. The feeling…
Feb 03, 2019
Think safe in the heat! - By Alastair Rayner
This week I was talking with a colleague from the south west of the state. The topic of conversation was the recent heat waves and how they have been coping with it. One of the points they mentioned was the decision to postpone a…
Feb 03, 2019
Crossbred Wool rise last week
By Mark Dyson - Quality WoolThe wool market held on well this week on the back of a lower national offering of 38,830 bales and an Australian dollar trading at 71 – 72 US cents.By the end of the week, the Eastern Market Indicator…
Feb 02, 2019
Ag Tech Sunday - Yamaha, Agriculture next big areas of growth
The Japanese motoring giant Yamaha Motor recently announced Agriculture as one of its next big areas of growth. We don’t typically associate Yamaha with agriculture. What’s going on?Wait, this interview isn’t about the upcoming MotoGP…
Feb 02, 2019
Ag Tech Sunday - Australian agriculture, ripe for growing global investment
We recently traveled to Tokyo for the Global Ag Investing Asia conference. It was the third year in a row we have attended the conference and it was the best yet.We attend these conferences for two main reasons: * To continue to…
Feb 02, 2019
Ag Tech Sunday - Indigo launches digital logistics marketplace
Snapshot * Indigo Transport is a full-service digital logistics platform designed to connect shippers and carriers for the efficient haul of agricultural products * Indigo Transport is integrated within Indigo Marketplace™ to…
Feb 01, 2019
Mecardo Analysis - Merino lambs finding support but restockers not
By Angus Brown | Source: MLA. The Australia Day holiday saw an interrupted week for lamb sales but prices were relatively steady for finished crossbred lambs. Though, we did see some interesting price movements for restocker and Merino…
Feb 01, 2019
Mecardo Analysis - Weekly Wool Forwards for week ending 01 February 2019
By Matthew McAdam | Source: Riemann, Mecardo. This week has seen a lot more action in the market across both fine and coarse fibers. We saw confidence in coarse wool prices decline slightly this week, after an interesting increase…
Feb 01, 2019
Mecardo Analysis - Minor movements for wool
By Robert Herrmann & Olivia Agar | Source: AWEX, Mecardo. The general overview of this week’s wool market was that sellers saw minimal movements. In fact, if markets were stronger on day one they gave the gains back the next day,…
Feb 01, 2019
Mecardo Analysis - As January goes...
By Matt Dalgleish | Source: MLA, Steiner, Mecardo. Back in 2016 MLA put out an interesting piece that looked at the Eastern Young Cattle Indicator’s (EYCI) performance over the month of January and compared it to the rest of the season.…
Feb 01, 2019
Mecardo Analysis - Plan for the worst; hope for the best (in the west)
By Andrew Whitelaw | Source: CME, Mecardo. In this update I take a look at the most recent BOM three month climate outlook. What does it mean for the 2019/20 crop? In other news there could be some excitement on the market as the…
Jan 31, 2019
Wool Market Steady
Karee Wool market report for the South - 31st JanuarySMI: 1906 -418: 2443 -1419: 2287 -720: 2251 -1221: 2224 -1122: 2223 uc23: 2222 +128: 1031 +33Merino Cardings: 1123 -22Passed Inn: 5.8%AUSD: 72.7www.kareewool.com.auAd - For Sheep…
Jan 31, 2019
Good news as Saputo announces a step up in their Farmgate Milk price
Saputo is pleased to announce a step up in our farmgate milk price for the 2018/19 season for our suppliers in the Southern Milk Region and NSW – Sydney Market Region. This price increase reflects our acknowledgement that farm conditions…
Jan 31, 2019
Change of ownership in Termora based Ag business BFB
TEMORA, AUSTRALIA, B.F.B. Pty Limited (BFB) announced the sale of Proterra Investment Partners’ majority stake to the Public Sector Pension Investment Board (PSP Investments), one of Canada’s largest pension investment managers and…
Jan 31, 2019
Global Supply to put a ceiling on Milk prices in 2019
Despite slow milk production growth around the world, supply will likely outpace demand in 2019 leaving prices pretty similar to 2018, according to Nate Donnay director of dairy marketing for INTL FCStone.“Fat might be a little bit…
Jan 31, 2019
RCS Benchmarking 2017/18 Profit Probe tells sobering story
By David McLean - RCS ChairmanThe 2017/18 financial year showed a few positive results and some concerning trends in the latest ProfitProbe™ economic benchmarking.Sheep prices stayed relatively static during the financial year whilst…
Jan 31, 2019
Mecardo Analysis - Cutting deeper into the flock to start 2019
By Angus Brown | Source: MLA. Last week we looked at the opening cattle slaughter rates for 2019 and it seems that the trend of offloading stock is continuing. The same is happening with sheep. Early indications are that the strong…
Jan 31, 2019
Mecardo Analysis - Projections looking at a 23 year low herd
By Angus Brown | Source: MLA, ABS. Meat and Livestock Australia’s (MLA) Cattle Industry projections for 2019 were released yesterday, and there were few surprises. With cattle slaughter rates higher than expected, the herd has been…
Jan 31, 2019
Mecardo Analysis - Processor margins and spreads
By Matt Dalgleish | Source: MLA, Steiner, USDA, Trade, Mecardo. Lower cattle input prices and improved beef export values during December helped the Mecardo processor margin model to finish the 2018 season on a contented note, moving…
