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
Winter supply remains strong
High prices have cattle heading to the market as supply remains strong for winter. Prices eased slightly but remain elevated. Numbers, quality and weights remain strong coming out of the North, while southern cattle is a more of a mixed bag, which is typical of this
Black Sea Risk Rises
To paraphrase the old Footy Show, it’s been a BIG week in grain markets. It all kicked off last Friday with the USDA’s July supply and demand report. Wheat balance sheets were expected to tighten, and the report delivered. US ending stocks came in lower –
Supply limping in winter but buyers don’t appear in a rush
There were no auctions in the west this week, which brought a lower than typical bale offering. However demand leaned on the weak side relative to the last few months, which still caused indicators to fall. The Eastern Market Indicator (EMI) fell by 8¢ this week
Brazil beefs up US market share
The global beef market discussion was focussed primarily on the United States for much of the past few years – until China made headlines with new quotas for its imported beef at the start of the year. Now that many of those quotas are either full
Global wheat and corn supplies edging lower.
The United States Department of Agriculture (USDA) World Agricultural Supply and Demand Estimates (WASDE) Report was released on Friday, showing a tightening trend across wheat and corn complexes. We already knew the US was on track to post its smallest wheat harvest since 1971, and with
Is there a cliff coming for lamb prices?
Lamb and sheep prices continue to run hot, with trade lambs sitting in the sweet spot, and weights lighter and heavier lagging a little. Traditionally the influx of new season lambs in August and September will see lamb prices recede, but old seasonality is having less
Broad merino supply and price in Australia
Wool prices have performed well during the past year, rising from low levels. The question, as usual, is how much of this rise is structural (sustainable) and how much is due to John Maynard Keyne’s “animal spirits”. With this in mind this article looks at volume
Yardings down since May but year-to-date still higher
The cattle market was a bit of a mixed bag this week, with national indicators headed in both directions, but the take home seems to remain that young cattle continue to trade above month-ago levels. Yardings picked up marginally after last week’s lull and consequential dip
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