The South Australian government is debating a bill to end the moratorium on GM crop cultivation. I received information from a contact related to claims from anti-gm activists. I thought it was time to dispel some of the activist’s misunderstandings. The Mecardo team produced a report...
The wool market is drawing close to the end of year recess and like many of us, exporters were spurred on to fill their orders to ensure they make shipping cutoffs. Demand kept slightly ahead of the increased supply, with most categories posting small increases...
It is the time of year when lamb yardings reach their seasonal high, driven largely by Victoria. It was Sheep that reached a record last week, however. This is no surprise given the very good prices at a time of year when they usually hit...
Up, down, side to side. The rollercoaster of the grain market continues to provide excitement. As harvest advances pricing levels have risen. In this week's update we take a look at ASX pricing, WA forecasts, Trump deals, and UK elections.The ASX contract has risen dramatically...
Just a month ago Cow prices were over 500¢, and almost the same price as the Eastern Young Cattle Indicator (EYCI). This week cow prices continued to tank, while other cattle types largely held their ground.Figure 1 shows state cattle indicators declining sharply since hitting...
There have been no real movements in strong export beef prices in recent weeks, but cattle prices have been on the decline in saleyards. It seems slaughter capacity might have been reached, and with processors booked up until Christmas, demand at saleyards is on the...
A strong offering had the typical effect on wool prices, the market sliding another step lower this week. Growers protested the downward trajectory in hordes with passed in rates hitting 20.4% to see a total of 7,765 bales returning to brokers’ stores.The Eastern Market...
This week’s grain market update includes a look at ‘cheap’ offers of fertilizer in Australia & the slowness of the Victorian harvest.Recently I wrote an analysis article on the performance of the global fertilizer market (read here) and had a follow-up podcast with Chris Lawson...
Beef export figures for November are out, and we are getting a picture as to why export prices have been running rampant. While the total supply of beef for exports declined in November, it didn’t stop China from posting yet another record import level. Cattle...
Sheep slaughter had its second highest week for the year as sheep continue to flow into markets. There has been little impact on prices however, as with lamb, slaughter is down, there is still kill space to fill.Chinese mutton demand continues to run hot. Mutton...