Recent Analysis
  • By Andrew Woods

South African wool volumes in perspective

Prices in the Australian greasy wool market have jumped strongly this week, at the same time as South African wool auctions have been suspended in view of Chinese issues with the foot and mouth outbreak in South Africa. This article looks at recent South African volumes in relation to Australian volumes, to give some perspective on how the temporary absence of South African wool should influence wool prices.

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Wool
  • By Angus Brown

Disaster for some gives support to the rest

The devastating floods that have afflicted far North West Queensland in recent weeks have somewhat abated, but we’re still hearing stories of cattle dying. The figure that most seem to be settling on for losses is around 500,000 head. We have been asked a number of times what this means for cattle markets and while it’s difficult to know, we can put the number into perspective.

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Cattle
  • By Matt Dalgleish

Regional Rainfall Update January 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 Angus Brown

Sheep feeding payoff depends on timely rain as usual

Last week we took a look at Meat and Livestock Australia’s (MLA) sheep flock and slaughter forecasts, both of which are very bullish for sheep prices. With much of the country lacking paddock feed at the moment, sheep are being sold. Here we look at the costs of holding and potential payoff.

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Sheep
  • By Matt Dalgleish

Beef exports out of the blocks quickly in 2019

The release of Department of Agriculture and Water Resources (DAWR) beef export trade statistics for January highlights a promising start and, although it is early days in the season, the market share of the key destinations suggests an interesting year ahead.

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Cattle
  • By Andrew Whitelaw

Saudi Arabia, China, Pigs and Chooks

The barley market has been very intriguing in recent years. In this update, we look at Saudi Arabian demand, Chinese Anti-dumping investigations and the value of barley to Australian consumers.

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Grain
  • By Matt Dalgleish

ESTLI nearing seasonal lows

Trade lamb prices have softened by around 6% since the start of the season across the Eastern seaboard. However, analysis of previous seasons percentage price gains/losses shows that we may be nearing seasonal lows for the Eastern States Trade Lamb Indicator (ESTLI).

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Sheep
  • By Andrew Whitelaw

Are we on the edge of the precipice

The USDA finally released their 2019 winter wheat planting estimates. The headline number is that US farmers are going to plant the lowest area to wheat since 1909. In this article, we delve deeper into the numbers.

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Grain