Sep 07, 2018
Mecardo Analysis - Is mutton due for a moment in the sun?
By Matt Dalgleish | Source: MLA, NLRS, Mecardo. The Eastern States Trade Lamb Indicator (ESTLI) eased this week despite declining supply at the saleyard and low slaughter figures, suggesting softening demand. In contrast, mutton prices…
Sep 07, 2018
Mecardo Analysis - Heavy cattle and WA showing strength
By Angus Brown | Source: MLA, Mecardo. Despite more upside for the Eastern Young Cattle Indicator (EYCI) it, along with restocker markets, are still languishing behind last year’s levels. The same can’t be said for finished cattle…
Sep 07, 2018
Mecardo Analysis - Steady result for wool this week
By Robert Herrmann | Source: AWEX, Mecardo, Bloomberg.After the volatility and interruptions of recent weeks, the wool market settled into a comfortable pattern this week with a seemingly contented balance between supply & demand…
Sep 07, 2018
Mecardo Analysis - Weekly Wool Forwards – Week ending 7th September 2018
By Olivia Agar | Source: Mecardo, Riemann. The wool forwards market pushed into finer territory this week, with a few trades on 18 micron fibres. In total 11 contracts traded, again the market finding support for overseas buyers thanks…
Sep 07, 2018
Mecardo Analysis - Russian rumours relegated
By Andrew Whitelaw | Source: CME, ASX, Mecardo. Russia is in the press a lot at present, in geopolitics its due to accusations of Novichok poisoning. In grain, its rumours of export bans. In this week’s comment, we take a quick look…
Sep 06, 2018
AWI to take a systems-based approach to the strategic selection of RD&E projects
Research, Development and Extension (RD&E) are important keys to the future of the wool industry and Australian Wool Innovation Limited (AWI) has announced it will this year open its annual Call for Proposals for on-farm and off-farm…
Sep 06, 2018
Southern Market Indicator for Wool comes off 16 cents yesterday
KareeWool market report for the South - Septemeber 6thIND: 2047 -1618: 2616 -2819: 2414 -2820: 2296 -2021: 2259 -2922: 2259 -2823: 2237 +228: 974 -26MC: 1583 -13PI: 4.8%www.kareewool.com.au
Sep 06, 2018
Mecardo Analysis - August (bad for Dutton, but good for mutton)
By Matt Dalgleish | Source: DAWR, MLA, Mecardo. Export volumes for Australian lamb have softened into late Winter while mutton flows have demonstrated strong demand during August. Offshore demand for mutton remains robust despite…
Sep 06, 2018
Mecardo Analysis - Strong export values maintaining finished cattle prices
By Angus Brown | Source: MLA, ABS, Mecardo. On Tuesday we saw that Australian beef exports are continuing to track along at levels stronger than last year. In theory, more beef being exported should see the unit value of beef declining.…
Sep 06, 2018
Mecardo Analysis - Rainfall and fibre diameter
By Andrew Woods | Source: AWEX, AWTA, BOM, ICS. Swings in fibre diameter for the Australian wool clip cause greater supply volatility than is indicated by changes in total volume. The prime cause of year to year changes in fibre diameter…
Sep 06, 2018
Kamballie Merinos to $13,000 tops
Kamballie Merinos and Poll Merino Stud, North Tammin, WA, held their inaugural on-property Ram Sale yesterday.The entered 172 Rams and sold the lot at an average of $2174.Lot 1 made $13,000 and was sold to Kim and Jennie Whitechurch,…
Sep 05, 2018
Banquet Angus top of $32,000 at Spring Bull Sale
Banquet Angus Stud, Mortlake, Vic had their Annual on-property Spring Bull Sale on Wednesday. They offered up 44 Bulls and sold 43 to an average of $6767.Lot 11, Banquet Nixon N099 was the top priced Bull making $32,000 and was sold…
Sep 05, 2018
Gearing up for BeefEx 2018
The Australian Lot Feeders’ Association (ALFA) is proud to present an exceptional array of international and Australian speakers for the grain fed beef sector’s premier event, BeefEx 2018.BeefEx is the grain fed beef industry’s major…
Sep 05, 2018
NSW Irrigators need more Water to finish Crops
Southern Riverina Irrigators, Ricegrowers’ Association of Australia, Murray Valley Private Diverters and Murray Irrigation are continuing to work with the Federal and NSW ministers, governments and their agencies to source water for…
Sep 05, 2018
Keeping glyphosate highly effective
Keeping glyphosate highly effective is the aim of an upcoming free-of-charge glyphosate management workshop at Cascade.With Grains Research and Development Corporation (GRDC) investment, the Esperance port zone Regional Cropping Solutions…
Sep 05, 2018
Coles won't back 10 cents a litre drought levy on Milk - Already donated $11 million it says
Coles supermarkets is refusing to increase its $1 a litre house-branded milk price by 10 cents a litre to help drought affected dairy farmers, despite reports its rival Woolworths is willing to back a 10 cent levy.The Weekly Times…
Sep 05, 2018
Dairy processors and supermarkets have a clear and urgent role to play
Dairy processors and supermarkets have a clear and urgent role to play in underpinning the financial future of dairy producers nationally.Retail prices for dairy products must be increased and processors must guarantee that price…
Sep 05, 2018
Restriction on felling Mulga trees in Queensland needs a rethink says AgForce
AgForce is calling for a rethink on land use laws that have made it more complicated and difficult for farmers to feed their animals during times of drought.AgForce General President Grant Maudsley made the comments after the Queensland…
Sep 05, 2018
Mecardo Insights - The state of farm management deposits
From the Mecardo Blog (viewed by all) - Posted by Andrew WhitelawUp, down, up, down, down, down & up. Farming is one of the most variable occupations in the world. Our profitability is determined by several factors including drought,…
Sep 05, 2018
Mecardo Insights - Leadership and other musings
From the Mecardo Blog (viewed by all) - Posted by Robert Herrmann - Mecardo. Leadership is often sought as some sort of pinnacle in a chosen field, something to be aspired to when seemingly other more humdrum accomplishments have…
