Tuesday, March 26, 2019
Lotfeeder margins clawing back but this might be it
Falling young cattle prices, combined with lowering grain prices have offered respite to some lotfeeders in the last couple of months. However, with the forecast rain on the way and little improvement in grain supply in the short term, there could be some interesting times ahead for cattle feeders.
Thursday, March 21, 2019
A revamped EYCI forecast model
Last week Mecardo unveiled their upgraded lamb price forecasting tool which allows for various supply and demand scenarios to be modelled to determine potential price impacts in the years ahead. This week we give the Eastern Young Cattle Indicator (EYCI) model an overhaul and a test run.
Tuesday, March 19, 2019
Trading margins wide for a reason
It’s not often we get two requests for similar articles at the same time. Last week a couple of subscribers asked about trading cattle in northern NSW and southern Queensland. Additionally, my learned colleague has called the low for the Eastern Young Cattle Indicator (EYCI) so surely there has never been a better time to buy. As always, it depends.
Thursday, March 14, 2019
Regional Rainfall Update February 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.
Tuesday, March 12, 2019
Record grainfed cattle supplies being replaced
The headline cattle on feed numbers weren’t that exciting, but we are finally starting to see the increased numbers on feed translating into grainfed cattle supply. The latest cattle on feed survey gave us few surprises but paints an interesting picture for supplies of grassfed cattle this year.
Thursday, March 07, 2019
Hot cattle slaughter draining supplies
We saw cattle prices fall heavily last week and with the release of the slaughter report, we get a feel for why. East Coast cattle slaughter last week hit a three year high and stronger levels were across the board.
Tuesday, March 05, 2019
US poised for a liquidation
In the middle of 2018 we looked at the US cattle cycle and investigated whether they had moved to a liquidation phase in their cycle, using the female slaughter ratio as a guide. This analysis follows up on how female slaughter levels in the US behaved for the rest of the 2018 season and what may be in store for 2019.
Friday, March 01, 2019
Deciles: February 2019
Deciles 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.
Thursday, February 28, 2019
EYCI at crucial technical support
In late 2015 Mecardo published a series of three blogs outlining the use of technical analysis tools and how they can help predict when markets are due for a change in direction. This analysis looks at a few of these technical analysis methods, as they are all pointing to an Eastern Young Cattle Indicator (EYCI) that is set to rally.
Tuesday, February 26, 2019
Cattle profitability down for some but still strong
The Agriculture Victoria Livestock Farm Monitor Project (LFMP) results for 2017-18 have recently been released and the cattle numbers are a good reflection of price movements and seasonal conditions. Despite the issues faced throughout 2017-18, there was still good money in beef production.