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December 2018

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...

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...

An expanded cross bench in Federal parliament has placed the ban on live sheep exports back on the agenda. Mecardo thought it an opportune time to reaffirm how important the live sheep trade is for WA farmers, particularly in terms of prices they receive at...

Exporters would be pleased with the final selling week; a solid finish before the break provides opportunity to write new orders for the re-start in 2019. The market rose on each of the selling days, providing a sense of stability to an otherwise volatile ride for...

Rainfall to vast areas of the Eastern seaboard at the latter end of the week, compliments of ex-tropical cyclone Owen, has seen up to 50-100 mm recorded across Queensland, NSW and Victoria. The deluge has given a lift to cattle prices and provided some early...

The sound of rain can be heard on roofs throughout the east coast. This will be welcome to some and a hindrance to others. In this update we take a look at futures for next year, and the last two days deluge. It is always...

South Australian mutton displays a higher degree of price volatility than their counterparts in NSW and Victorian markets. Indeed, over the 2018 season, SA mutton has experienced a range in price more than 300¢ compared to the 135¢ to 180¢ range displayed by NSW and...

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. Utilisation numbers as an indicator of feedlot performance are the...

Victorian lamb numbers continue to swell, hitting levels similar to last year’s peak and pushing East coast lamb numbers to levels not seen since January 2018. Sheep numbers at the sale yard have also rebounded over the last few weeks and the result has been...