Sep 13, 2018
Mecardo Analysis - Regional Rainfall Update - September 2018
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…
Sep 13, 2018
Mecardo Analysis - Are you ok canola?
By Andrew Whitelaw | Source: CME, ASX, Mecardo. A lot of focus in recent weeks has been on the feed market i.e. wheat and barley. There hasn’t however been much attention on Canola. On Tuesday ABARES released their updated forecasts…
Sep 12, 2018
Retail meat supplier Tasman Butchers has fallen into voluntary administration
Victoria’s largest independent butcher, Tasman Market Fresh Meats Pty Ltd, has fallen into voluntary administration.The company, which traded as Tasman Butchers, appointed administrators David McEvoy and Martin Ford of PricewaterhouseCoopers…
Sep 12, 2018
Droughtmaster National Bull Sale top of $55,000
The Massive Droughtmaster National Bull Sale was held at CQLX, Gracemere, Qld on Monday and Tuesday.Overall there were 493 Bulls entered of which 438 sold to an average of $8401The top Bull, lot 50, Minlacowie Vinnie 8817 was sold…
Sep 12, 2018
North Ashrose Merinos top average of $2444
North Ashrose Merino Stud, Gulnare, SA held their on-property Ram and Ewe Sal on Wednesday An impressive 160 Ram were offered and all sold to the top price of $9000.The average for the Rams was $2444The also offered 299 Stud Ewes…
Sep 12, 2018
$11,500 top at Nyowee Poll Merino Ram Sale
Nyowee Poll Merino Stud, Balaklava, SA,held their 19th annual on-property Ram Sale on WednesdayThe entered 185 Rams and sold them all to a top price of $11,500, sold to Victoria Downs Station, Morven, Qld.The average for the Sale…
Sep 12, 2018
Winyar Merinos average a whopping $2823 fro 88 Rams sold
Winyar Poll Merino and Merino Stud, Canowindra, NSW held their on-property Sale on Wednesday. They offered up 88 Rams and sold the lot to a top of $8500.The average for the Sale was a very strong $2823 and the gross was $248,424 for…
Sep 12, 2018
Landfall Angus averages $8756 for 102 Bulls
Landfall Angus Stud, Launceston, Tas, held their Spring Bull Sale on Wednesday.They offered 103 Bulls and sold 102 to an average of $8756.Lot 2, Landfall Reality M165, was the top-priced BullOverall the Sale grossed $893,112 for the…
Sep 12, 2018
Applying corporate principles to the family farm
The continued growth in scale and business complexity of family farms has driven interest in improving the quality of governance and management processes.While corporate practices can seem unwieldy and unnecessary for family businesses,…
Sep 12, 2018
Southern Wool indicator up 9 cents for the day
KareeWool market report South - September 12thIND: 2056 +918: 2647 +3119: 2436 +2220: 2314 +1821: 2272 +1322: 2263 +423: 2237 uc28: 974 ucMC: 1588 +5PI: 1.8%www.kareewool.com.au
Sep 11, 2018
Gina Rinehart buys backgrounding Property Sundown Valley and Gunnee Feedlot
Gina Rinehart's Hancock Prospecting Pastoral arm has bought 17,800-hectare backgrounding property Sundown Valley near Armidale NSW and Gunnee Feedlot near Inverell, NSWThe Sundown Valley Property is regarded as one of the best backgrounding…
Sep 11, 2018
Leachim Poll Merinos average $2731 for 235 Rams sold
The big Ram Sales continued and this time the focus was on Leachim Poll Merino Stud, Snowtown, SA, who held their on-property Sale on TuesdayThey entered 235 lots and sold them all to a top price of $15,000. It was lot 6, Leachim…
Sep 11, 2018
ABARES - Winter Crop forecast down 12 per cent
Total winter crop production is expected to drop by 12 per cent nationally to 33.2 million tonnes, with production declines forecast in all eastern states, according to the latest Australian crop report.ABARES Executive Director,…
Sep 11, 2018
The Farm Tender Hay Report – Volume 15
Decision time is here.We have been hearing from many of our members that the decision to cut Crops or take them through to Grain was upon them. Well, plenty have made that decision with Crops being cut, left, right and centre. This…
Sep 11, 2018
Mecardo Analysis - Lamb feeding is a risky business this year
By Angus Brown | Source: MLA, Mecardo. Last week we looked at the cost of feeding ewes through until next year. But there might also be plenty of lambs out there requiring feeding to finish this year. With grain prices seemingly happy…
Sep 11, 2018
Mecardo Analysis - Micron price curves in the current greasy wool market
By Andrew Woods | Source: AWEX, ICS. Given the increasing supply of fine Merino wool and the continued shortage of broad Merino wool, what is happening to the price relativities between micron categories? This article takes a look…
Sep 11, 2018
Mecardo Analysis - Can solid processor margins spark a rally in the EYCI?
By Matt Dalgleish | Source: MLA, Steiner, USDA, Trade, Mecardo. Processor margins remain elevated and have moved back above the upper end of the normal range during August. The healthy margins appear to be encouraging processor optimism…
Sep 11, 2018
Mecardo Analysis - ABARES: An East Side Story
By Andrew Whitelaw | Source: ABARES, Mecardo. Early this morning ABARES released their quarterly crop report. It wouldn’t surprise anyone to see that the forecasts been chopped. The headline numbers; wheat -2.8mmt (13%), barley 870kmt…
Sep 10, 2018
Eastville Park and Quailerup West Merinos sell 297 at $1672
Eastville Park and Quailerup West Merino and Poll Merino Studs, Wickepin, WA held their on-property Ram Sale on Monday300 Rams were offered and 297 sold to an average of $1672The top priced lot was $4250 and the sale grossed $496,584…
Sep 10, 2018
Greenfields Merinos sells to a top of $13,250
Greenfields Merino and Poll Merino Stud, Booborowie, SA, held their on-property Ram Sale on Monday.They offered up 120 Rams and sold the lot to a wonderful average of $2529.The top-priced horn Ram was $13,250 and sold to Thalang Pastoral…
