VM discounts
In November Mecardo looked at discounts for vegetable fault, as the market moved into its seasonal low period of supply for this fault. Now the market is moving into the period of high supply for vegetable fault so it is time to look at the discounts again. A couple of weeks ago Mecardo looked at […]
Rouble rises from the ashes
When Russia invaded Ukraine, global outrage meant that the action would not go unpunished. While Ukraine begged for no-fly zones and military aid, the rest of the world’s leaders, shackled by fears of triggering WW3, chose to instead impose a raft of economic sanctions, aimed at crippling Russia’s economy and war machine. The list of […]
High prices seeing export market consoldation
Cattle markets remain driven by beef export markets. While the volume figures for March remained strong, price rises are done for now, with some resistance showing up. A trend lower with beef export prices isn’t good news for cattle values. Beef exports continued to follow the seasonal trend upwards in March. Australia exported 74,348 tonnes […]
