Who pays top dollar for Aussie Beef?

There is a wide spread of prices that Aussie beef achieves across its various export destinations, but exactly which countries have historically been paying top dollar, or budget prices? Australian’s have no chance of eating all the beef our country produces, even if we had a BBQ for breakfast, lunch and tea, so trends in […]

Percentiles – August 2020

Percentiles with a background image of hay bales

Mecardo’s Percentiles update for August 2020. Click below to view the latest report Grains and oilseeds Sheep and lambs Cattle Wool Dairy Fuel Percentiles are an important tool for assisting in the decision-making process. They can provide an indication of the range in which prices have moved and how much time they have spent at varying […]

Deflated and detrended Merino price

Merino sheep in sunset

In March Mecardo wrote an article about down cycles in the 19 micron category, right on the cusp of significant price falls from the effects of COVID-19. What was not picked up at the time was that the pandemic was going to add an extra down cycle to the existing 2018-2019 season. This article takes […]

Not building a lamb backlog yet but it’s coming

Lamb chops

The concerns surrounding a lack of kill space and the ruination of the lamb market was all the talk a couple of weeks ago. We now have the first week of slaughter data under Victoria’s stage four restrictions, and at this stage, it seems a lack of kill space isn’t the problem with price, at […]