Chinese beef imports forecast to fall in 2023
The USDA’s latest assessment of the Chinese beef market in 2023 paints a picture of lower future import demand, particularly for higher end cuts as the economic impact of COVID-zero policies damage confidence and disrupt foodservice operations. However, there may be a bright spot for live breeder cattle as NZ exits the industry, leaving a […]
Sheep flock and wool supply
The latest Australian Wool Forecasting Production Committee (AWPFC) wool projection is calling an increase in greasy wool production for this season of 4.9%, down from a 10% increase in 2020-21. With this in mind and good spring seasonal conditions in most sheep regions, Mecardo takes a look at sheep slaughter numbers and wool receivals. In […]
Pulse plantings unexpectedly lower
Pulse crops don’t take up a lot of area compared to cereals and canola for winter cropping regions, but they are important in the rotation. We thought with the high price of nitrogen, pulses might have gained some ground this year, but it looks like they were trumped by high canola values. The five main […]
