Mecardo Analysis & Insights
Mecardo cuts through the noise to give you clear, actionable insights on what’s driving markets and what it means for your business.
Welcome to Mecardo
Your Trusted Partner in Agricultural Commodity Insights
We deliver clear, data-driven analysis across Australia’s key commodities – wool, livestock and grain.
By cutting through the noise, we focus on what really matters: market drivers, outlooks and strategies that support smarter decision-making and keep you ahead in a changing landscape.
Recent Articles
Export volumes lower, but keeping pace with supply
Total sheepmeat exports fell by nearly a third year-on-year for the month of May. A lack of supply rather than any evidence of a further boom in demand have pushed domestic prices to several new records in recent weeks. Despite the overall decrease, Australia’s top sheepmeat
Staple length discounts
With the combination of high wool prices, high sheep meat prices and a rebound in skin prices, interest in calculating the best value pathway (shear or sell in the wool) when selling sheep has increased. This article takes a look at the effect of staple length
Cattle restockers awaken
There has been some sentiment shift in cattle markets, and as usual it’s more to do with the weather than anything else. Restockers are back in the market, but the approach remains cautious relative to the last restocker boom. The Eastern Young Cattle Indicator (EYCI) has
Oil drops while harvest ramps up
Peace has been declared in the Middle East, at least at the time of writing, and it has hit oil futures. It remains to be seen how grains and oilseeds will react, with wheat and soybeans already having come off highs. The announcement on Monday morning
What next after China?
After some rapid improvement in the last few weeks, the major saleyard indicators saw some minor decline this week as the market adjusts to new price levels, and some lighter lower quality cattle made their way to the yards. Restocker and feeder steers, lost 13¢ week
Dollar drop supports market
An uptick in supply couldn’t halt Eastern Market Indicator (EMI) progress, as the EMI improved again this week. This week the United States Dollar (USD) rose on the back of stronger than expected domestic jobs growth causing the Australian dollar (AUD) to fall relative to the
Monster May for beef exports as China quota looms
The scramble to get beef into China before Australia’s quota is filled for the year, along with continued soaring demand from the US, has pushed total exports to a new monthly record. Australia exported more than 152,000 tonnes of beef in May, the highest monthly volume
Crossbred wool prices
Crossbred wool prices have endured a torrid time since 2020. Unlike merino, crossbred prices did not bounce back strongly in 2021 following the initial impact of the pandemic, instead remaining at depressed levels. In happier news this season prices have rebounded, which is what this article
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