The data is about six weeks old, but it’s still worth some analysis. The Australian Lotfeeders Association (ALFA) and Meat and Livestock Australia (MLA) feedlot survey results for September were released this week, indicating a few less cattle on feed, but there is still an awful lot.
2017 will go down as a year of high vegetable fault (VM) in the eastern Australian clip. This article takes a look at high VM levels in the current clip, where they are headed and the consequent discounts applicable in the market.
I jumped into my wife’s car on Saturday, it was running on vapours – a common occurrence in our household. I got to the petrol station, and almost feinted when I saw the price ($1.50/l). This was an increase of 20¢ on the previous day. I thought it was therefore worthwhile examining fuel prices, to see whether we were getting ripped off.
The South Australian Greens have extended the moratorium on GM in their state and over the past few weeks the mob at Mecardo have been investigating the claim made by the Greens that the GM ban, and their clean, environmentally sustainable image, provides a price premium benefit to SA producers. There has not been any sign of a premium on Canola, nor in mutton and lamb. This time we try to find it in cattle.
Last April Mecardo looked at the performance of commodities common to extensive farming in southern Australia in terms of price. In markets the flip side to price is volume, so this article looks at the performance of commodities (beef, crops, lamb and merino wool) since the early 1970s. Why bother? We need a framework by which to judge the performance of the different industries which takes into account volume as well as price.
With all the talk about exceptionally strong spring lamb prices, for both trade and store lambs, mutton values have been left in the background. Unlike lamb, which has been relatively steady at highs, mutton has actually gained ground, in a performance which is probably more remarkable than lamb.
Last month the SA Greens issued a statement on the extension of the GM moratorium, with the claim that their clean and green image provides SA farmers with a marketing and price advantage over the other states. Recently the Mecardo team had a look at the supposed non-GM premium on canola, which highlighted a lack of premium being enjoyed by SA canola producers, but perhaps the Greens claim was inferring a flow on effect for other SA products – we thought we would take a look at what the data on sheep and lamb shows.
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