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
Restockers returns still rolling in right direction
The cattle market maintained its upwards momentum over the past week as the arrival of spring buoyed prices further. All major categories have now been on a dearer trend for the past month, after falling throughout July. This bucked the historical trend of an improving market
Here they come
A jump in new season lambs marks the start of spring, and buyers appear to be relieved at the weights and quality of the first big batch of lambs through the yards. With rainfall now underpinning some confidence in southern sheep regions, will momentum continue when
Wheat waits for a trigger
The wheat complex has experienced a rather choppy few days, with systematic profit-taking shifting some of the heat out of the supply-squeeze-driven buoyancy we are starting to see. Both Ukrainian and Russian grain exports in August were around half the levels recorded a year ago, largely
Buyers keen on another low offering
This week the bale offering remained subdued with buyers keen to secure the wool on offer at elevated prices. The Eastern Market Indicator (EMI) rose by 37¢ to 1890¢ (AUD) this week, with substantial increases of more than 73¢ for the finer end of the spectrum,
Tariffs coming off could see a squeeze
Beef tariffs are back in the news in the US, where the cost of hamburgers is a major talking point. Here we look at where the US gets its beef and how our exports stack up against competitors. The latest movement in the beef trade in
Sheep supply still sceptical
The average National Mutton Indicator price for the June quarter hit a new record this year on the back of plummeting sheep supply and subsequent slaughter. Recently released Australian Bureau of Statistics quarterly data shows just how much sheep supply has dipped this year and continued
Should we be selling wheat?
It’s a bit of an understatement to say there is a bit going on in grain markets at the moment. Here we’ll cover price and supply and how it is feeding into local values. As outlined in Friday’s comments the wheat market has woken up, and
RWS premiums
The reaction may be slow and steady but if the wool supply chain wants change, it has to offer attractive incentives. The emergence of RWS accreditation since 2021 is a case in point. This article takes a look at the recent premiums paid in Australian auctions
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