Aus Vs USA lamb prices
Australian lamb and sheep prices are currently holding at very strong levels, but how do they compare to livestock prices in the USA, one of our most important export markets, which typically receives over 25% of our export volumes? US lamb prices have been substantially higher than Australia for over a decade, with few exceptions. […]
Regional Rainfall Update March 2021
Mecardo’s regional rainfall update for March 2021. Click here to view the latest update This report highlights: Current season’s monthly rainfall trend Last season’s monthly rainfall trend Average monthly trend over 50 years 70% range in monthly rainfall over last 50 years 95% range Rainfall within the 70% range would be considered reflective of a […]
High prices not driving acreage
Normally the old adage is that the cure for high prices is high prices, and vice versa. The grain trade in the US was banking on the adage holding true, to see the current very good corn and soybean prices translate into stronger plantings. The United States Department of Agriculture (USDA) reckons it hasn’t moved […]
Small slaughter slows shipments
Australian beef exports continue to track well below both year-ago and five-year average volumes so far for 2021, primarily due to a lack of supply. March figures are just in, and they show year-to-date beef exports are down 25 per cent on last year, or 19 per cent below the five-year average for the January […]
