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
Decade high slaughter doesn’t dampen market
The cattle market responded positively to lesser throughput and areas of rainfall this week, with prices lifting right across the board. Slaughter has remained historically high, above 160,000 head, for the past three weeks, further indicating good market sentiment as prices keep above year-ago levels. Cows
Erratic may market
Some more rain has fallen, but demand remains patchy. Light lambs to slaughter remain under pressure and heavy cull lambs and sheep remain a rare commodity. Post April is always a tricky time to gauge where the market sits particularly at the moment with differing seasonal
Market eases on the back of tighter economic conditions
This week the Australian dollar (AUD) hit its highest rate against the US Dollar (USD) since May 2022, at 0.725¢, on the back of the Reserve bank of Australia’s (RBA) decision to lift interest rates to 4.35% (a hawkish stance) while global central banks, mainly the
Oil Trumps Wheat
Grain markets did an abrupt about face this week. After weeks of steadily rising, ag commodities led by wheat erased a month’s worth of gains. The catalyst appeared to be easing tensions in the Mid East – or at least the rhetoric dialed down a notch
Sheep slaughter falling short of forecasts
We’ve been hearing about the short supply of sheep and lamb for some time, but with a third of the year now gone, we can get a gauge on how many have already gone through the production system, and what that might mean for the rest
Hay and feed grain rally starting in the north
Last year it felt like we were writing about tariff impacts every week, this year it’s the Middle East conflict and subsequent rising cost of energy. With hay and silage being back of mind while winter crops and pastures are planted, it’s time we had another
Merino RWS Premiums
In March Mecardo looked at how RWS premiums for crossbred wool had revived from their low levels of 2023-24. Given the magnitude of the rise in merino prices this season it is timely to check how RWS premiums are tracking for merino wool. Last July, Mecardo
Have we got 2023 on our mind?
The female and young cattle selloff continues as meaningful rainfall eluded much of New South Wales. Slaughter rates have continued to climb, and prices have fallen abruptly but are finding some support. Over the last six months we have mentioned a number of times about the
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