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 […]

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 […]