Who wants to be a market analyst?
Mecardo is hiring! We’re beginning the search for a new senior market analyst to join the Mecardo team. The role will be working across grains, oilseed and livestock markets to deliver data driven insights to the Mecardo subscriber base and advisory clients. Servicing clients across the breadth of the agricultural supply chain (from farmers to […]
Supply low, AUD strong & market positive
The market opened with a positive result on Tuesday as Sydney played catch-up to the strong finish of last weeks market, while Melbourne was quoted as ‘firm’. This trend continued to the close on Wednesday with solid competition and a good clearance rate despite the headwind of a surging AUD. The Eastern Market Indicator (EMI) […]
Waiting ….. waiting… waiting.
It feels like the Australian grain industry is operating with a sense of calm despite the global chaos regarding China and COVID-19. The cause for this calm in Australia is the rainfall to date or the “seasonal conditions”. Focusing on the domestic front, growers are content to focus on growing a crop and leaving sales […]
And we have prices!
While MLA’s COVID indicators have been a good substitute for our normal price data over the last few months, we’re happy to see the full suite of price indicators again. Now on the other side of the worst of the uncertainty (we hope), the before and after confirming prices have gained ground. The last time […]
It’s nice to see you EYCI
It has been a week since Meat & Livestock Australia’s (MLA) Officer’s returned to saleyards, and now have and Eastern Young Cattle Indicator (EYCI) for the first time in 9 weeks. It remains volatile however, opening high and losing 10¢ in a couple of days. The EYCI opened up at 756¢ earlier in the week, […]
