Sheep slaughter falling short of forecasts

We’ve been hearing about the short supply of sheep and lamb for some time, but with a third of the year now gone, we can get a gauge on how many have already gone through the production system, and what that might mean for the rest of 2026. So far this year, national sheep and […]

Hay and feed grain rally starting in the north

round hay bales

Last year it felt like we were writing about tariff impacts every week, this year it’s the Middle East conflict and subsequent rising cost of energy. With hay and silage being back of mind while winter crops and pastures are planted, it’s time we had another look at feed and fodder markets. Since the hay […]

Merino RWS Premiums

Shorn wool in heap in shearing shed

In March Mecardo looked at how RWS premiums for crossbred wool had revived from their low levels of 2023-24. Given the magnitude of the rise in merino prices this season it is timely to check how RWS premiums are tracking for merino wool. Last July, Mecardo looked at RWS premiums for merino and crossbred wool […]

Have we got 2023 on our mind?

The female and young cattle selloff continues as meaningful rainfall eluded much of New South Wales.  Slaughter rates have continued to climb, and prices have fallen abruptly but are finding some support. Over the last six months we have mentioned a number of times about the large herd bringing with it large price risk.  We […]