Mutton market breaks new ground
The rain is still falling in southern NSW as I write this, so it could be a touch premature to forecast how the sheep market will respond, but as it has been just over 12 months since we witnessed the biggest weekly increase in the National Mutton Indicator on record, it is a good opportunity […]
What could wool production look like in the coming years?
A Mecardo reader asked for wool production projections in 2028, all things being equal. That last phrase is problematic, as all things are not stable in the world even before considering seasonal conditions. In the spirit of accepting a challenge this article looks at some recent trends in the Australian merino production and uses them […]
What is the appetite for restocking in the south?
With the selling-off of cattle from northern NSW and southeast Queensland, and plenty heading south, we’ve had some queries as to the appetite for restocking in higher rainfall zones of South Australia, Victoria and southern NSW. This time last year we were seeing the southern cattle destock hit it’s peak, as a dry autumn and […]
WASDE forecasting weaker production
The May World Agricultural Supply and Demand Estimates (WASDE) Report from the United States Department of Agriculture (USDA) is always one of the most anticipated. The May WASDE gives the first look at new season production and consumption estimates, and this year it moved the market. After record wheat production and rising stocks in 2025-26, […]