Recent Analysis
  • By Andrew Woods

Top 20 weekly wool price rises in past three decades

Following a horror August when greasy wool prices plunged in a manner not seen since the fall of the Reserve Price Scheme, April 1973 and late 1951 (everyone remembers the peak but not the subsequent retreat in prices) the market staged a recovery last week. This article takes a look at last week’s rises and ranks it against weekly changes during the past three decades.

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Wool
  • By Angus Brown

Chinese beef demand impacting NZ too

In Friday’s weekly commentary we took a brief look at rising beef export prices to the US, and some of the reasoning. Today we delve a little deeper into what is going on in New Zealand beef export markets, and how this is impacting prices here.

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Cattle
  • By Andrew Whitelaw

Oil is important to Ag

During the weekend there was an attack on a Saudi Arabian oil facility which has led to a 5% reduction in global oil supply. This has caused reverberations throughout the markets including agriculture. What does this mean for grain producers?

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Grain
  • By Matt Dalgleish

WA farmers lose and animal welfare standards drop

The live sheep export moratorium during the northern hemisphere summer is nearing an end for the 2019 season. Although an extension to the period of the ban announced by the Department of Agriculture in August 2019 saw prices react unfavourably in WA markets. This analysis looks at the impact of the ban on prices in WA, compared to the east coast for trade lamb and mutton over the last few seasons.

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Sheep
  • By Angus Brown

Extreme year on year falls in slaughter forecast to continue

Official lamb and sheep slaughter figures for July were released last week, with lamb falling off the cliff in June and July, and sheep easing back. Despite lower slaughter in June and July, lamb and sheep forecasts suggest we’ll be running below last year for most of the rest of the year. We also saw a record for lamb carcase weights come and go, despite tightening supply.

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Sheep
  • By Andrew Woods

Wool production to fall again this season

As the spring unfolds, it appears that agricultural production will take another hit in 2019-2020. This article takes a look at greasy wool production in light of the deterioration in seasonal conditions.

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Wool
  • By Matt Dalgleish

Regional Rainfall Update August 2019

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 ranges.

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Cattle
  • By Andrew Whitelaw

Is Kansas ok?

In this analysis we look at the Kansas and Chicago wheat futures contracts. In the past Kansas has traded at a premium, but not at present. Is there an opportunity to be had from the change in dynamics?

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Grain