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
Wheat market is being pulled in opposite directions
The constant flip-flopping in the Middle East is starting to lose its punch as a market driver. The latest move from the US to effectively blockade the Strait of Hormuz—halting most movement in and out of Iran—did little beyond weakening the USD and dragging equity markets
The search for sheep still surging
A return to a normal trading week meant a significant uptick in supply, putting the lamb market under pressure for the first time in a while, but it didn’t stop mutton making up even more ground and reaching record highs. The scramble for sheep supply which
Bumper numbers out of NSW motivate buyers to hit the road
With Northern NSW saleyards getting a flush of supply, buyers are hitting the road on the lookout for value leaving some empty car spaces at the major yards this week. Post easter return saw a flush of cattle come forward with the biggest yarding of the
Prices rise after the Easter recess
Prices have risen again after the Easter recess with the EMI up 39¢ to 1825¢. This price rises comes after an increased bale offering up 8513 to 44,765 – a 23.5% increase compared to the previous sale, which also recorded significant price rises. All in, these
Chinese deadline pushes exports higher as EU FTA disappoints
Australian beef exports have steamed through March coming in just shy of 150,000, making it the second-highest monthly export volume on record. Consistently strong supply from Australia this year has supported the export trade, as has demand out of the US, which took more than 40,000
Varying estimates of the Australian sheep flock
There is always some variation between flock size estimates, depending on the time of year the estimate is made, the quality of survey and the method of estimation. However the current situation has a 10 million head difference between the main estimates, which in a flock
Grains can’t find support
While rising energy prices are pushing the cost of everything higher, grain prices continue to track sideways. Canola tried to have a rally but fell into a hole on the back of easing crude oil prices, with wheat also in decline. Global uncertainty is afflicting a
Flock heading to a 125 year low
Short weeks and an altered scheduled means it’s been three weeks before we take a close look at Meat and Livestock Australia’s (MLA) Sheep Industry Projections. While there is plenty of forecasts of interest, the standout is the fact that despite record lamb prices, the flock
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