Oct 26, 2018
Mecardo Analysis - The hunt for the red October
By Andrew Whitelaw | Source: CME, ASX, Mecardo, USDA. This week the market continues its volatility with prices falling globally and domestically. The main factors driving the market into the red has been the Russian crop beating…
Oct 26, 2018
Mecardo Analysis - Tide turns for wool
By Robert Herrmann | Source: AWEX, Mecardo. If last week was bad for wool prices, it turned out that it was only the start of the fall. This week, no segment was spared and the full force of the correction was felt causing the market…
Oct 26, 2018
Mecardo Analysis - Weekly Wool Forwards – week ending 26th October 2018
By Olivia Agar | Source: Mecardo, Riemann. The physical market pulled back this week which saw growers looking get some short-term security on the forwards market. The A$ dollar slid further down from last week’s levels, meaning wool…
Oct 26, 2018
Mecardo Analysis - Where are the Victorian lambs?
By Matt Dalgleish | Source: MLA, NLRS, Mecardo. Reduced lamb throughput across all states this week saw prices rise across the board for sheep and lamb markets. The Eastern States Trade Lamb Indicator (ESTLI) demonstrated the apparent…
Oct 25, 2018
Drought policy must adapt to a changing climate
By Richard Heath - AFIThe Federal Government is convening a summit to address the devastating drought currently afflicting Eastern Australia, to unite national efforts in coordinating action to support drought-affected families and…
Oct 25, 2018
ADM, Bunge, Cargill and Louis Dreyfis join together to digitise Global Shipping transactions
Driven by opportunities to increase transparency and efficiency for customers, global agribusinesses are turning to emerging digital technologies – including blockchain and artificial intelligence options – to reduce resource- and…
Oct 25, 2018
Woolmark Company to cash in on the Wool shoe boom by partnering with Indian brand Neeman's
Indian leading footwear brand, Neeman’s, has announced that it has partnered with the Woolmark Company, the global authority on wool and a subsidiary of Australian Wool Innovation, to launch a range of shoes made from 100 per cent…
Oct 25, 2018
North American Corn Harvest is 52 percent completed
By Peter McMeekinIn North America, the huge summer crop harvest is finally moving into top gear after a run of weather-induced delays. At the same time, the winter wheat planting program is progressing well, and the delayed Canadian…
Oct 25, 2018
Improving soil moisture lift Sorghum prospects
By Peter McMeekinThe prospects of a large sorghum plant in Australia this season have increased significantly with more rainfall across many parts of Queensland and northern New South Wales over the past week. Whilst it is far too…
Oct 25, 2018
Wools SME down 17 cents for the day
Karee Wool market report for the South - Oct 25thIND: 1849 -1718: 2382 -3619: 2241 -1720: 2158 -421: 2163 +622: 2165 +1123: 2123 -4328: 776 -28MC: 1156 -40PI: 30.0%www.kareewool.com.auAd - Support our "Prime" Preferred Partners (PPP),…
Oct 25, 2018
Mecardo Analysis - Basis is basic
By Andrew Whitelaw | Source: CME, Mecardo. The grain price in Australia has reached stellar highs in the past three months. This is not due to international values increasing but due to strong basis. In this article, we aim to provide…
Oct 25, 2018
Mecardo Analysis - Global beef on the rise, despite fall in Oz
By Angus Brown | Source: USDA, MLA, Mecardo.Last week the United States Department of Agriculture (USDA) released their ‘Livestock and Poultry: World Market and Trade’ report which details supply and demand figures for 2018 and forecasts…
Oct 25, 2018
Mecardo Analysis - Trade lamb price and the exchange rate
By Andrew Woods | Source: MLA, RBA, ICS.Earlier this week Mecardo looked at the relationship between the 19.5 MPG wool price and the Australian-US dollar exchange rate, showing how the relationship varied with the amount of time considered.…
Oct 24, 2018
AWI Report - Price rises are clearly demand-driven and a result of AWI’s success in marketing
Australian Wool Innovation (AWI) has today published its 2017/2018 Annual Report, reporting a year highlighted by solid results with wool prices reaching record highs and strengthening demand for the natural fibre.Outlining the journey…
Oct 24, 2018
John Deere releases new CommandPro™ Control multi-function joystick
John Deere is updating its line-up of 82- to 186-kilowatt (110 to 250 hp) 6R Series Tractors with features that will transform the way producers operate tractors. The updated tractors include the 6110R, 6120R, 6130R, 6145R, 6155R,…
Oct 24, 2018
New wheat genes for dry conditions
Wheat growers who have struggled with dry conditions across vast tracts of Queensland and New South Wales during the winter cropping season, will be heartened to know research is underway to develop new genetics for wheat varieties…
Oct 24, 2018
Former Rugby League star turned Winemaker is about to tackle the Indian market
Former rugby league star turned Orange winemaker Peter Mortimer is out to tackle global markets after taking part in a successful trade mission to India with the NSW Government.Minister for Trade and Industry, Niall Blair said Peter,…
Oct 24, 2018
MD of OBE Organic Dalene Wray receives Advance award
Dalene Wray has received the 2018 Advance Food & Agriculture Award at a gala event in Sydney.The Advance Awards recognise global leadership by some of Australia’s most talented people in their chosen field. They celebrate international…
Oct 24, 2018
Rural Funds Management buys Australian cattle property in $9.7m deal
By Andrew Starr - Co-Director (New South Wales) at Ray White Rural and LivestockThe manager of RFG has acquired its third property in a month Down Under amid what it deems a positive outlook for cattle in the country.Rural Funds Management…
Oct 24, 2018
SA Grain Farmers investing in their own R & D
By Belinda WillisGrain farmers are growing increasingly resilient in South Australia as they continue to plough their own funds into cutting edge research, says industry chief Caroline Rhodes.Caroline, who took over the reins at Grain…
