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  • CATTLE
  • NATIONAL

Tuesday, January 22, 2019

Goldilocks zone for the EYCI

In the Friday cattle market comment from last week we mentioned that the Eastern Young Cattle Indicator (EYCI) was likely to find some support in the coming weeks from a firmer 90CL price. In this analysis we take a deeper look at the historic relationship between the EYCI and the imported 90CL into the USA, and what this may mean for the EYCI in the short term.

http://www.mecardo.com.au/commodities/cattle/analysis/goldilocks-zone-for-the-eyci-(1).aspx
  • CATTLE
  • NATIONAL

Thursday, January 17, 2019

Are MSA premiums worth chasing?

We had an interesting query from a reader this week regarding price premiums being offered for high Meat Standards Australia (MSA) indexing cattle. The main factor influencing whether cattle achieve the premium is intramuscular fat (IMF), which for grass-fed cattle is largely influenced by genetics. The question is whether spending more on high IMF bulls will pay off when cattle are sold.

http://www.mecardo.com.au/commodities/cattle/analysis/are-msa-premiums-worth-chasing.aspx
  • CATTLE
  • NATIONAL

Tuesday, January 15, 2019

Angus survives another grilling

During the middle of 2017, Mecardo looked at Angus premiums to the Eastern Young Cattle Indicator (EYCI). This analysis piece provides an update to the Angus spreads according to AuctionsPlus Angus cattle sales data.

http://www.mecardo.com.au/commodities/cattle/analysis/angus-survives-another-grilling-(2).aspx
  • CATTLE
  • NATIONAL

Tuesday, January 08, 2019

Steady as she goes for weaner steers but heifers providing opportunity

The annual Victorian Weaner festival is off and running, with sales at Naracoorte, Mortlake and Yea last week. This week sees the Hamilton and Casterton sales kick off, and unfortunately for sellers, it has been a dry Christmas and New Year period.

http://www.mecardo.com.au/commodities/cattle/analysis/steady-as-she-goes-for-weaner-steers-but-heifers-providing-opportunity.aspx
  • CATTLE
  • GRAIN
  • NATIONAL

Tuesday, December 18, 2018

Surety in sorghum?

When it rains, it pours. It’s been a dry year, and to end the month the east coast has received a deluge, with many areas receiving more rainfall over the past week, than they had received for the entire year. What does this mean for sorghum?

http://www.mecardo.com.au/commodities/cattle/analysis/surety-in-sorghum.aspx
  • CATTLE
  • NATIONAL

Tuesday, December 18, 2018

Timely rains for weaner vendors

While wiener vendors at a sausage festival are unlikely to enjoy the heavy rain we saw at the end of last week, weaner vendors in Western Victoria would have rejoiced at the blue, yellow and even purple on the radar. Prices for weaners have been at four year lows in December, but things may change by January.

http://www.mecardo.com.au/commodities/cattle/analysis/timely-rains-for-weaner-vendors-(1).aspx
  • CATTLE
  • NATIONAL

Thursday, December 13, 2018

Heavy slaughter and rain should see a strong open

Cattle slaughter has been running well ahead of the last eight months, but there is a good chance this will come to an end over the coming quarter. With plenty of rain forecast for the east coast over the coming week, supply should tighten, which is likely to bring a solid start to prices in the New Year.

http://www.mecardo.com.au/commodities/cattle/analysis/heavy-slaughter-and-rain-should-see-a-strong-open.aspx
  • CATTLE
  • SHEEP
  • WOOL
  • GRAIN
  • NATIONAL

Thursday, December 13, 2018

Regional Rainfall Update - November 2018

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.

http://www.mecardo.com.au/commodities/cattle/analysis/regional-rainfall-update-november-2018.aspx
  • CATTLE
  • NATIONAL

Tuesday, December 11, 2018

Volatile times ahead for feedlot utilisation

Feedlot utilisation levels are a key performance indicator of feedlot operations. Using saleyard data that indicates buyer behaviour of feeder cattle, we have created a forecast model for feedlot capacity utilisation as we head toward 2020.

http://www.mecardo.com.au/commodities/cattle/analysis/volatile-times-ahead-for-feedlot-utilisation.aspx
  • CATTLE
  • NATIONAL

Thursday, December 06, 2018

Rising grainfed beef values propping up lotfeeders.

Last week we took a look at the record numbers of cattle on feed in Australian Feedlots, a remarkable feat given the price of feed. This week we take a look at the market dynamics for lotfeeders and see that rising grainfed cattle prices are seemingly still pulling cattle through the supply chain.

http://www.mecardo.com.au/commodities/cattle/analysis/rising-grainfed-beef-values-propping-up-lotfeeders.aspx

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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