Extreme hay here to stay?
At a sheep group meeting today, the topic of hay and silage supply and price came up. There are a couple of differing theories on how the fodder market is going to play out over the coming year, but historical data does offer some insight. Since we last looked at hay markets back at the […]
Southern season sees sheep yardings surge
The sheep and lamb market has been on an upwards trajectory since winter kicked in and the usual end-of-season supply shortening. After trending higher for most of the year, lamb yardings are now back below year-ago levels and close to the five-year average. Sheep numbers have also dropped, and while they are historically still high, […]
Mixed bag economy but is Europe bouncing back?
With a new season beginning, Mecardo has a look at the economic backdrop to the wool market. As wool is an input into a long supply chain, the strength of economic growth at the end of the supply chain is the main determinant of the price trends we see in our greasy wool market. Mecardo […]
An opportunity in heifers?
We are a month past the shortest day, and over halfway through winter, and while many areas are still waiting for runoff to refill water storages thoughts will be turning to spring grass growth. Meat and Livestock Australia (MLA) have a new indicator it will be worth keeping track of as we hopefully move to […]