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Showing 10 results of about 286 for 'cattle comments' :
  • CATTLE
  • NATIONAL

Friday, March 22, 2019

Improving season reflected in prices

It looked like cattle prices were headed into the abyss, but then sellers and buyers alike saw a bit of rain on the radar and started to think they were a bit cheap. And up prices go, quicker than they came down in fact.

http://www.mecardo.com.au/commodities/cattle/market-comment/improving-season-reflected-in-prices.aspx
  • CATTLE
  • NATIONAL

Friday, March 15, 2019

What the... rainfall?

When the Bureau of Meteorology (BOM) say their forecast accuracy at this time of the year is poor they aren’t kidding. Just a fortnight ago I was lamenting the poor rainfall forecast issued by the BOM in late February and just yesterday they issued a complete turnaround. Too bad it hasn’t flowed through to cattle market prices yet.

http://www.mecardo.com.au/commodities/cattle/market-comment/what-the-rainfall.aspx
  • CATTLE
  • NATIONAL

Friday, March 08, 2019

Autumn is tanking time

We’ve hit autumn and cattle producers who were holding out have hit the button. Cattle supply has ramped up, as a dry summer and the spectre of a dry autumn sees the Eastern Young Cattle Indicator (EYCI) heading back toward 400¢.

http://www.mecardo.com.au/commodities/cattle/market-comment/autumn-is-tanking-time.aspx
  • CATTLE
  • NATIONAL

Friday, March 01, 2019

A nasty turn around

A fortnight ago the Bureau of Meteorology’s rainfall outlook wasn’t shaping up as too bad at least for the Southern parts of the country – how quickly it can all change. Yesterday’s release of the three-month outlook now points to a delayed Autumn break and much lower chance of rainfall exceeding the median across much of the Eastern half of the nation during March to May.

http://www.mecardo.com.au/commodities/cattle/market-comment/a-nasty-turn-around.aspx
  • CATTLE
  • NATIONAL

Friday, February 22, 2019

Market pays no heed to supply warnings

With everything pointing towards lower cattle supply, and grain prices on the wane, we would think the market should start taking heed at some stage. It was not this week though, with the downward trend in cattle prices extended.

http://www.mecardo.com.au/commodities/cattle/market-comment/market-pays-no-heed-to-supply-warnings.aspx
  • CATTLE
  • NATIONAL

Friday, February 15, 2019

I see red, I see red, I see red, and it’s not Valentine’s roses.

Softening cattle prices across the board this week and all major NLRS reported categories of cattle across the East coast are now below levels recorded this time last season, including Heavy Steers, albeit marginally. However, some respite may be on the horizon thanks to an improved BOM outlook.

http://www.mecardo.com.au/commodities/cattle/market-comment/i-see-red-i-see-red-i-see-red-and-its-not-valentines-roses.aspx
  • CATTLE
  • NATIONAL

Friday, February 08, 2019

What will northern rain do to the market?

There have been floods in Townsville and massive rains across large swathes of Northern cattle country. There has, however, been no relief for much of the Murray Darling Basin. The wash-up, so to speak, was a little bit of support for cattle prices this week.

http://www.mecardo.com.au/commodities/cattle/market-comment/what-will-northern-rain-do-to-the-market.aspx
  • CATTLE
  • NATIONAL

Friday, February 01, 2019

As January goes...

Back in 2016 MLA put out an interesting piece that looked at the Eastern Young Cattle Indicator’s (EYCI) performance over the month of January and compared it to the rest of the season. As each January ends it makes me think of this piece. Let’s hope for our beef producer’s sake it doesn’t hold this season.

http://www.mecardo.com.au/commodities/cattle/market-comment/as-january-goes.aspx
  • CATTLE
  • NATIONAL

Friday, January 25, 2019

Cattle on the slippery slope

Cattle prices continued to slide this week, but managed to show some positive signs on Thursday. There were falls across the board on the east coast, as supply continued to overwhelm demand.

http://www.mecardo.com.au/commodities/cattle/market-comment/cattle-on-the-slippery-slope.aspx
  • CATTLE
  • NATIONAL

Friday, January 18, 2019

Not the greatest start to 2019

The first full week of cattle sales for 2019 provides limited cheer after the festive break with all key reported categories along the east coast registering price falls. There was a glimmer of hope in offshore markets, but the Bureau of Meteorology (BOM) compounded the sad start by giving us a below average rainfall forecast for much of the summer.

http://www.mecardo.com.au/commodities/cattle/market-comment/not-the-greatest-start-to-2019.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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