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Beef and Lamb NZ report an expected increase to the New Zealand total adult sheep flock for the first time since 2012 in their most recent stock number survey results. Is this a signal that the offshore sheepmeat market is going to get more competitive for Australia?
Read ArticleIt’s the start of harvest, but bids for the 20/21 harvest are now being presented to growers. In this analysis, we look at whether these offer more value for the producer or the buyer.
Read ArticleGladly there has been rain hitting parts of NSW and southern Queensland that were in desperate need of a drink. It isn’t yet enough to really get restockers active but it was welcome nonetheless. Around the Mecardo office it got the discussion going on what could happen to young cattle and heavy steer prices should we continue to get decent rains as we head into 2020, particularly with the prospect of low cattle supply and reduced breeding stock – this piece looks at that prospect.
Read ArticleTwo decades ago north east NSW, more specifically the New England extending up into the Traprock region in south eastern Queensland, was the powerhouse producer of fine Merino wool. This made predicting changes in fine wool production an easier process. This article takes a look at changes in the contribution of norther east NSW to fine wool production since the mid-1990s.
Read ArticleLast Thursday we got a look at the first sheep and lamb forward contract for the Christmas/New Year period. Admittedly, the contracts were for just one site in Northern NSW, but it at least gives a reference point that other processors might be working off.
Read ArticleLast week we took a look at Meat and Livestock Australia’s (MLA) cattle industry projections update, and one number which brought some interest was the increase in the national herd in 2018. Most commentary would suggest the drought should have seen numbers decline 2018, so we went in search of where the cattle were.
Read ArticleAWTA core test volumes fell by a small 4.4% in October, considerably less than the 14% falls of the previous two months. This article takes a look at changes in AWTA volumes, smoothed by three months, which gives a steadier view of volume changes.
Read ArticleDeciles are an important tool in your marketing toolbox, to provide a view for strategic decisions. Our collection of updated deciles include dairy, wool, livestock, grain & inputs.
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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