ECYI shines into spring

Single cattle walking forwards in yards

Nothing seems to be able to dampen young cattle prices this year, as restockers continue to see the upside in filling their paddocks with beef. Competition at saleyards has ramped up with a seasonally good start to spring, helped along by finished prices holding pretty firm. Supply is seemingly on the decline, but some of […]

Staple strength discounts – 10 year percentiles

Wool sheep moving through yards

Earlier this week Mecardo showed how staple strength was having little effect on the price of merino fleece, discounts and premiums are minimal even for the fine merino categories. This article provides some percentile analysis for low staple strength discounts from the past decade. Mecardo has discussed the changing structure of premiums and discounts for […]

ABARES forecasting a bronze for this year’s crop

Looking into the distance over wheat field

The Australian Bureau of Agricultural and Resource Economics (ABARES) released their September Crop Report recently. The yield forecasts looked ambitious, but with rain fulfilling part of the wet spring forecast last week, the crop is likely on track for a bronze medal. By bronze medal, we mean the third-largest wheat crop on record.  Good conditions […]