Conflicting impacts on profitability

Bulk ship grain

It feels like déjà vu writing about another conflict starting and the potential impacts on agricultural inputs and outputs. This time it’s Iran, not a producer of grain or oilseed, but a big producer of a somewhat related commodity, oil. The number being bandied around, in terms of the impact of conflict in Iran on […]

WA flock in freefall

Sheep in paddock in NSW, photo by Adele SMith

There has been plenty of speculation about current sheep and lamb flock sizes, but while we wait for new data and market signals to give us further indication, we can look at the demand side of the equation, and how we are currently filling it. Live sheep exports, while historically much lower in the past […]

The rise of grain fed cattle continues

Beef cattle eat grain-based rations at a ranch

There is plenty going on in the world and locally which could move cattle markets. Ever rising tensions in the Middle East will have impacts on energy and input costs, while rain across vast inland areas could tighten supply. There has also been some data drops recently, today we look at feedlots, and the continual […]

Another look at the implications of an El Nino on rainfall

The mention of an El Nino has the scribes seeking forecasts and projections for agricultural commodities through production to price. This article takes a look at what an El Nino forecasts, using rainfall from various regions since 1979. Mecardo has covered the implications of El Nino to rainfall before in May 2023 (See article here). […]