Cattle slaughter will have to ramp up further
Last week Mecardo looked at the Australian Bureau of Statistics (ABS) cattle slaughter and beef production data released last week, in terms of the numbers of females being slaughtered. Here we take on the male slaughter side and assess how slaughter is tracking relative to forecasts. While female cattle slaughter is a measure of herd […]
Legions of lambs left to load
With weekly National Livestock Reporting Service reports showing lamb slaughter at well above both year-ago and five-year-average figures this year, it came as no surprise when the latest Australian Bureau of Statistics quarterly data came in last recently with very strong numbers. From March to June this year, 6.05 million lambs were processed – the […]
Feed markets on the move
Feed grain markets have been receiving support on a couple of fronts in recent weeks on the East Coast. When we look to the West we can see the impact of the lifting of Chinese tariffs on barley markets. There has been little fanfare regarding the lifting of Chinese barley tariffs, but it has certainly […]
Merino Price Curves
The range of AWEX indicators is restricted by the volume of suitable wool types for generating reliable quotes that are used internationally within the wool supply chain. As such merino MPGs are effectively limited to the range of 16.5 to 21 micron. In this article we use a wider basket of “indicator wool types”, without […]
