Despite the issues with slaughter capacity in South Australia it seems that we once again managed to achieve a slaughter spike in the middle week of January. In some years the weaker demand in early February has led to weaker prices, but last year it...
On international Star Wars day last year (May the 4th be with you) the Mecardo team took a look at Wagyu spreads to the Eastern Young Cattle Indicator (EYCI) and a recent subscriber request for a follow up article prompted us to have another look...
Weekly supply statistics showed a fairly normal pattern for the start of the season, with East coast figures hovering near to the longer term seasonal averages. Although Queensland and NSW throughput were slightly elevated for this time in the year as the Northern wet season...
The markets have been very quiet over the past week, with little in the way of new information to get the trade excited. Usually in our Friday comments, we would take a look at the past week. This week, I thought I would take a...
Producers responded to the robust lamb and sheep prices on offer early in the New Year with some huge throughput figures this week noted across sale yards, particularly in Victoria and NSW. The effect of the added supply weighing on prices across the board.The benchmark...
For the first time in over a month we have the full suite of Meat and Livestock Australia (MLA) data to analyse. Even with all the data, the conclusions look the same. Markets are easing slightly thanks to a lack of moisture and a rising...
A truck driver asked me when we were going to sell some heavy steers that we have wandering around on some still green country. My flippant response was, ‘when it rains in Queensland and the price goes up’. I then thought I’d better do the...
The wool market bubbled along at the higher rates reached last week, however, AWEX reported that this week buyers reverted to a more selective approach, in contrast to the past couple of sales where faults were overlooked. Wool that exhibited good measurements & style (high tensile...
Lamb prices opened the year at record highs, but on relatively small volumes. As supplies ramped up with a full week of selling we saw indicators weaken, but they remain very strong, and at records for this time of year. The first published Eastern States Trade...
The break in wool sales over the Christmas period proved positive with the opening sale of 2018 pushing higher across all Merino and fine X Bred types. Buyers were able to secure new orders over the Christmas break, and also digest the potential of reduced supply...