Is there an end to cheap mutton?
Mutton prices are weak on almost every measure. Compared to the last five years, mutton is cheap. Compared to lamb, mutton is cheap. Compared to beef, mutton is cheap. The only thing it’s not cheap when compared to is goat meat. Here we go looking for upside. Figure 1 paints the dreary picture of the […]
Exports accelerate early as everyone eager for beef
Australian beef exports have been on the rise for the first two months of the year, as extra cattle slaughter domestically and keen global demand align to boost trade. Our five biggest beef markets have all taken more product for the year-to-date compared to 2022, with slaughter in the US on the decrease and Asian […]
A massive crop update
Last week the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) released their March Crop Report. Harvest was better than expected, as crop volumes grew on the last update to a new enormous record. The Australian wheat crop grew with every update of the ABARES crop report last year, and it has continued […]
Percentiles – March 2023
Mecardo’s Percentiles update for March 2023 Click below to view the latest report Grains 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 levels. […]
