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  • CATTLE
  • NATIONAL

Thursday, November 15, 2018

Wagyu – The phantom premium menace

At the start of 2018 Mecardo published a piece on the Wagyu F1 steer premiums to the Eastern Young Cattle Indicator (EYCI). Anecdotal reports suggested that the flood of Wagyu cross activity has seen the premium fade away during the 2018 season, so we are back crunching the numbers to see if the Wagyu premium has indeed become a phantom.

http://www.mecardo.com.au/commodities/cattle/analysis/wagyu-–-the-phantom-premium-menace.aspx
  • CATTLE
  • SHEEP
  • WOOL
  • GRAIN
  • NATIONAL

Thursday, November 15, 2018

Regional Rainfall Update - October 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-october-2018.aspx
  • CATTLE
  • NATIONAL

Thursday, November 08, 2018

Young heifer price behaviour post drought

A handful of Mecardo subscribers have queried the likely behaviour of prices for breeding stock once the season returns to a more favourable outlook and the herd rebuild gets underway again. In this piece, we looked at EYCI eligible heifers in the northern saleyards and the behaviour of restockers in relation to these cattle last time the drought broke.

http://www.mecardo.com.au/commodities/cattle/analysis/young-heifer-price-behaviour-post-drought.aspx
  • CATTLE
  • NATIONAL

Tuesday, November 06, 2018

Still money in trading despite the rise

The Eastern Young Cattle Indicator (EYCI) is on the rise, and with it prices paid for store cattle. Around a month ago we took a look at how cheap store cattle were in the spring. Prices for restockers have risen with the rain, so we take a look at the new dynamic, and whether there is still a dollar or five hundred to be made.

http://www.mecardo.com.au/commodities/cattle/analysis/still-money-in-trading-despite-the-rise.aspx
  • CATTLE
  • NATIONAL

Thursday, November 01, 2018

Projections suggest 2018 a blip in rebuild.

Meat and Livestock Australia (MLA) have released the October update of their industry projections. The updated estimates of herd, slaughter, beef production and exports are basically trying to put some figures around how the drought is going to impact supply down the track.

http://www.mecardo.com.au/commodities/cattle/analysis/projections-suggest-2018-a-blip-in-rebuild.aspx
  • DECILES
  • CATTLE
  • SHEEP
  • WOOL
  • NATIONAL

Tuesday, October 30, 2018

Deciles: October 2018

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.

http://www.mecardo.com.au/commodities/cattle/analysis/deciles-october-2018.aspx
  • CATTLE
  • NATIONAL

Tuesday, October 30, 2018

Beef prices and exchange rates.

In line with recent articles on the relationship between wool and lamb prices with the exchange rate, this article takes a look at the relationship of beef price with the Australian to US dollar exchange rate.

http://www.mecardo.com.au/commodities/cattle/analysis/beef-prices-and-exchange-rates.aspx
  • CATTLE
  • NATIONAL

Thursday, October 25, 2018

Global beef on the rise, despite fall in Oz.

Last week the United States Department of Agriculture (USDA) released their ‘Livestock and Poultry: World Market and Trade’ report which details supply and demand figures for 2018 and forecasts for beef, pork and chicken for 2019. We’re interested in the beef side, with the USDA forecasting a global increase, despite a fall here in Australia.

http://www.mecardo.com.au/commodities/cattle/analysis/global-beef-on-the-rise,-despite-fall-in-oz.aspx
  • CATTLE
  • NATIONAL

Tuesday, October 23, 2018

Restocker behaviour and the cattle cycle.

The proportion of female cattle slaughtered as a percentage of the total cull provides a reliable indicator as to the status of the herd rebuild or liquidation. However, the female slaughter ratio is a lagged indicator. Is there a timelier measure to help us understand the dynamics of the cattle cycle and act as a predictor to the female slaughter ratio?

http://www.mecardo.com.au/commodities/cattle/analysis/restocker-behaviour-and-the-cattle-cycle.aspx
  • CATTLE
  • NATIONAL

Thursday, October 18, 2018

Rising finished prices no match for inputs.

Over the hooks grainfed cattle prices have hit a 13 month high recently, as finished cattle supply remains tight. However, the increase in the finished cattle price is still not matching the costs of inputs, with lotfeeders still operating largely in the red.

http://www.mecardo.com.au/commodities/cattle/analysis/rising-finished-prices-no-match-for-inputs.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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