It’s been a while since we looked at the sorghum market, and its going gangbusters. A series of events have transpired to raise sorghum pricing levels for producers, although unfortunately for feed lotters this is raising their overall costs. In the 2017/18 season, northern NSW...
For an overview of the current situation and trading opportunities in the cattle market watch our Video Outlook by Mecardo. ...
For an overview of the current situation and trading opportunities in the sheep market watch our Video Outlook by Mecardo. ...
With ANZAC day falling in the middle of the week, cattle supply was well down. Young Cattle yardings halved, and young cattle prices managed to remain steady. Other cattle categories followed a similar trend, as the market treads water waiting for rain.The Eastern Young Cattle...
National lamb and sheep prices at the sale yard closed the week with small gains, although on a state level the story was more mixed. NSW, Victorian and Tasmanian categories performed relatively well, while SA and WA posted a few declines across their lamb and...
The Au$ slipped below US$0.76 this week and provided a lift for the wool market. Tuesday the market opened for the week and presented strong price lifts across the board. The EMI rose 22 cents, but the story was not so bright when viewed in...
The world has been awash with wheat over the past six seasons. The adoption of modern farming practices and favorable weather around the world has created a situation where we have produced too much. We take a look at some new projections, and what has...
The wheat market has regained some of its strength on the back of fundamentals. This is great timing as we start to plant the crop for the coming season. In this week’s comment, we look at the SRW/HRW spread and the iron ore market.The wheat...
A glance at the weekly cattle price changes are an uncomfortable sight both domestically and in key offshore markets. Local prices are under pressure from the weight of throughput, particularly out of NSW and Queensland, while the 90CL beef export price to the US succumbed...
This week according to AWEX the wool market was “striding forward without retreat’. Despite the obvious military connotations, it’s not a bad description. Not only were buyers bidding higher for the “better spec’s” wool types, the strong demand was observed across the board. After last week...