US export price peaks again as their supply sinks
We’ve been expecting a significant increase in demand for beef from the US for some time now, with a herd rebuild period for the country forecast as soon as seasonal conditions better allowed, or numbers got to a point where it didn’t matter. Australian beef exports to the country are more than 30% higher year-on-year […]
Ultrafine merino Australian volumes and price
It is 18 months since Mecardo last looked at the supply and price for wool on the very fine edge of Australian merino production. Prices for some of these categories are the best performing in the market. This article has a look at ultrafine wool supply and price. Figure 1 shows the annual AWTA core […]
Strong lamb prices to last until spring hits
The term ‘off the charts’ is commonly used to describe all sorts of results, be it the price of gold, hype around Collingwood, or interest in Morwell court cases. In recent times lamb, and to a lesser extent mutton, prices have been literally ‘off the charts’, forcing analysts to adjust the y-axis on their excel […]
Barley taking ground from canola
Last week we took a look at the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) forecasts for Australian wheat production. This week we put the other major winter crop commodities under the microscope. Microscope is not really the right term, it’s more like binoculars, such is the broad stab ABARES have at […]