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

Lamb lifts despite market rush
Strong processor demand for new season lambs and rain falling in the southeast of the country put the lamb market in the green this week, with prices lifting across all categories despite yarding numbers also being on the up. Last week’s increase prompted an extra 11,600

Restockers emerging in the South?
Supply has been easing to the yards during harvest, which has provided support for the market so far, but emerging restockers from the south might throw a spanner in the works for processor buyers. This week saw improvement across the board for all indicators, helped in

Rally fades as reality sets in
Since last week’s superpower meeting, the ag market has gone on something of a tear. Wheat was up 30¢/bu, corn up 5¢/bu and soybeans up 58¢/bu. Wheat has benefited from recent rumours of Chinese purchasing interest, but it was soybeans that always had the most to

Wool finds relief after a long month
The wool market found renewed life this week, with the Eastern Market Indicator (EMI) lifting 6¢ to 1419¢/kg, while in US dollar terms it slipped 9¢ to 924¢/kg. The stronger Australian dollar was the main factor behind the divergence, firming to US65¢ after Federal Reserve Chair

Season shores up cow price
With rain falling in parts of southern Australia in recent days, and more set to follow, there could be increased opportunity for restocker movement in the cattle market. It comes as we expect the other sectors, being feeders and processors, to take their foot off the

Harvest twenty percent done
Harvest has kicked off in earnest in NSW and is winding down in Queensland. Victoria and SA have made a start, and we are still waiting on the first harvest progress report out of WA, but northern areas are likely getting into it when the weather

Wool supply update
Greasy wool supply is top of mind in the upper stages of the supply chain as mills balance low stocks, potential increases in demand, and falling production. This article takes a look at the latest AWTA core test volume data with this in mind. AWTA core

Taking a punt on merino lambs?
The big spring store sales are progressing through the Riverina, and it coincides with rapid spring growth in high rainfall zones further south and east. While this week’s rain might make finding a winner of the Melbourne Cup more difficult, it might make finding a winner
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