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In an address on the wool and sheep industries this week an overview of world wool production was given highlighting Australia as the main wool exporter with New Zealand the second main wool exporter. On the surface these facts are quite correct, however it prompted some thought about the use of “wool” as an umbrella term. This article takes a brief look at what the umbrella term “wool” encompasses.
Read ArticleWith such a wet spring continuing across major east coast lambs producing areas, and very strong demand for store stock, we received a query as to whether it is worth sowing summer crops this year. The theory being that with so much feed and cheap grain, store lambs will be worth similar money to finished lambs, negating any benefit in finishing them. We can find some direction in historical price relativities.
Read ArticleCattle market pundits have been talking about grass fever for months, but we are now well and truly in spring and the fever has hit fever pitch, so to speak. This article looks at whether we are in an extraordinary situation, or whether we’ve seen this before, and how it might pan out.
Read ArticleThe merino component of the Australian wool clip fell steadily from the demise of the Reserve Price Scheme until around 2012. While the merino component of the clip does not tell us the exact proportion of merino sheep in the flock, it is a reasonable proxy for change in the flock. This article takes a look at some modelling of the merino proportion of the flock and provides some projections for the next few years.
Read ArticleDeciles are an important tool in your marketing toolbox. On a monthly basis Mecardo publish updated decile tables across a wide range of commodities to assist in your decision making.
Read ArticleIn early March Mecardo released an analysis piece on the Eastern Young Cattle Indicator (EYCI) percentage spread/basis to the Eastern States Trade Lamb Indicator (ESTLI). This follow up article provides an update on how the relationship between the two key indicators has fared over the last six months.
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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