Survey: Winter crop input intentions

Survey- with image of tractor spraying a crop in the background.

Mecardo has been engaged to explore the opportunity cost of farmers’ input investment decisions in this year’s winter crop. We would like to invite all broadacre growers to complete this short survey on their winter crop intentions. Participation in this survey is voluntary. The survey will take approximately 1-2 minutes to complete and will remain […]

One market two periods

Close shot of a grain field

The grains industry has been fully focused on barley this week. This is hardly surprising considering the enormity of the impact of the Chinese import tariff. In this week’s comment, we will be giving barley a little break. Let’s look at what is happening in the wheat world. The local market is a tale of […]

Offshore markets and supply provide support

Angus cattle in green paddock

Some good weekly price gains were noted for the MLA CV-19 cattle indicators this week as a continued situation of tight domestic supply and improved offshore markets underpin local sales. East coast cattle throughput levels have been rising from the seasonal low registered in April. However, compared to the five-year average trend and the 2019 […]

Waning supply keeping prices steady

Large lambs in pen on farm

It seems to be steady as she goes for lamb and mutton prices at the moment, with declining supplies translating into solid support for prices. This week mutton and restocker indicators received a lift with the flock rebuild intensifying. It was way back in 2011 when a full week of sheep slaughter fell below 44,000 […]

Positive note short-lived

Wool sheep running in paddock

The modest gains posted last week proved short-lived. The opening day in Melbourne provided some optimism but the market was unable to maintain the early price improvement to eventually end on a disappointing note. The Eastern Market Indicator (EMI) fell by 24¢ this week to close at 1,155¢. The Australian dollar was up 0.73¢ to […]