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Cattle supply is expected to wane, and prices are already on the rise. It is still worth having a look at how the tighter cattle supply is likely to play out on a seasonal basis, and what this might mean for prices.
Read ArticleApparel fibre prices have generally cycled downwards since mid-2018 (some from early 2019), well before the outbreak of COVID-19. This article takes a look at alpaca prices to see if they have followed the general trend.
Read ArticleRainfall across the east coast during January has seen young cattle prices soar. Many producers with grass now emerging are asking how viable it will be to background cattle if the Eastern Young Cattle Indicator (EYCI) starts to make record highs. In this piece, we update the EYCI and National Heavy Steer (NHS) forecast models to see what cattle trading margins look like under a variety of price scenarios.
Read ArticleAmerica was on holiday on Monday for Presidents day. When they came back, they came back with a bang. Chicago futures experienced a surge just shy of 5% or A$12/mt. In this article, we look at this rise and the impact on Australian pricing.
Read ArticleChina is in strife. Trade wars, African Swine Fever and now Coronavirus. The advent of Coronavirus has meant that the majority of Chinese manufacturing has been idled. This has huge consequences for a world heavily reliant upon Chinese manufacturing to get our gadgets and gizmos. In this article, we take a look at the Baltic Dry Index and how it could impact our bulk imports and exports.
Read ArticleMecardo 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.
Read ArticleLast week we took a look at Meat & Livestock Australia’s Sheep Industry Projections, focusing on supply. This week we take the projections and try to put some numbers around price for the coming year. Needless to say, 2020 is looking like a strong one for lamb prices.
Read ArticleWhile the official wool indicators (MPGs, EMC and EMI published by AWEX) reflect the bulk of the greasy wool market, there is a raft of relative prices (premiums and discounts) which vary, primarily according to changes in supply. This article reviews the current effect that staple length has on price for the main Merino micron categories.
Read ArticleOur subscribers choose us because we don’t just report the market news – we explain what’s driving the market, we help them understand what’s important, and what it means for them.
Mecardo information is provided to assist in your marketing decisions. It contains a range of data and views on the current market. It is not intended to constitute advice for a specific purpose. Before taking any action in relation to information contained within this report, you should seek advice from a qualified professional. The information is obtained from a variety of sources and neither Mecardo nor Ag Concepts Advisory will be held liable for any loss or damage whatsoever that may arise from the use of information or for any error or mis-statement contained in this report.
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