Big turnoff not a turnoff for beef
The latest data release from the Australian Bureau of Statistics on livestock products has shown that our beef cattle herd is well and truly into destocking mode. Figures lifted across the board, with slaughter now outpacing the rapid turnoff caused by seasonal conditions in 2018-19, and the female slaughter rate (FSR) has now been at […]
Western Australian flock downsizing in real time
The sheep offtake has finally caught up with the general sentiment regarding the flock size. In this article, Mecardo looks at sheep and lamb offtakes in eastern and Western Australia. In February Mecardo looked at sheep and lamb offtakes (read more here), concluding that while the western flock was contracting the eastern sheep offtake was […]
Barley good selling in relative terms
With harvest rolling south and producers looking to price grain, it’s worth taking a look at the relative value of barley. Often the first cereal harvested, it is often sold off the header, especially when it makes malt specifications. Feed barley values relative to wheat and international corn prices are good indications of value. Barley […]