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?
Gladly 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.
Two 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.
Last 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.
Last 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.
AWTA 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.
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