Feb 06, 2019
Sheep industry rolls out the big guns for the CRC conference
The program for the Sheep CRC Final Conference, being held in Dubbo on March 19-20, has been packed with the industry’s most influential researchers and innovative producers.The program has been designed to highlight Sheep CRC achievements…
Feb 06, 2019
Stronger Microns upward trend
Karee Wool market report for the South - February 6thSMI: 1906 uc18: 2433 -1019: 2284 -320: 2251 uc21: 2240 +1622: 2227 +423: 2233 +1128: 1043 +12Merino Cardings: 1115 -8Passed In: 6.8%www.kareewool.com.auAd -The Australian Fodder…
Feb 06, 2019
Lambs an easing trend, this time at Ballarat
Yarding - 30,742 (-1352) .Lambs - 18,642 (-5652).Sheep - 12,100 (+4300). Lamb supply eased a little at Ballarat this week, with 18,642 head penned. The quality varied from average to good, with some excellent pens of shorn lambs off…
Feb 05, 2019
Mecardo Analysis - Falling grainfed prices and steady inputs means only one thing
By Angus Brown | Source: MLA, Trade, Mecardo. We have seen some marked movements in cattle prices to open the year, and grainfed cattle prices have not been immune. Harvest is also over, and there is some consensus that grain values…
Feb 05, 2019
Mecardo Analysis - AWTA Merino volumes slide again
By Andrew Woods | Source: AWTA, AWEX. January AWTA core test volumes showed a continuation of recent trends in greasy wool supplies in Australia. Using the excellent AWTA Analytics page, this article looks at the January data and…
Feb 05, 2019
Mecardo Analysis - Merino’s golden fleece supports spreads
By Matt Dalgleish | Source: MLA, NLRS, Mecardo. Merino lamb sale yard prices have begun the 2019 year in good shape compared with the Eastern States Trade Lamb Indicator (ESTLI) level, placing the Merino lamb spread to the ESTLI within…
Feb 05, 2019
Mecardo Analysis - The Baltic Dry Index has capsized
By Andrew Whitelaw | Source: Baltic Exchange. Australia is a net exporter of grains, most of which will make its way out of the continent on bulk vessels. Grains are undifferentiated commodities with largely no difference between…
Feb 05, 2019
Lambs from $8 to $20 Cheaper at Bendigo
Yarding - 23,500 (+3500) .Lambs - 18,000 (+6000).Sheep - 5500 (-2500). Lamb numbers lifted to 18,000 after the centre skipped last Monday's sale due to the public holiday. The season is showing up on lamb quality through inconsistency,…
Feb 05, 2019
It’s off to work we go… By Peter McMeekin
World Grain updateThe partial United States (US) government shutdown finally came to an end last week, and over 800,000 non-essential government employees returned to work. This means that the United States Department of Agriculture…
Feb 04, 2019
DelayPay three months in - What we've learn't
By Kelsey MillerThree months ago we launched DelayPay, a new product that enabled Farm Tender customers to purchase farm inputs and pay for them up to 6 months later. Putting something new out there always gives me a buzz. The feeling…
Feb 03, 2019
Think safe in the heat! - By Alastair Rayner
This week I was talking with a colleague from the south west of the state. The topic of conversation was the recent heat waves and how they have been coping with it. One of the points they mentioned was the decision to postpone a…
Feb 03, 2019
Crossbred Wool rise last week
By Mark Dyson - Quality WoolThe wool market held on well this week on the back of a lower national offering of 38,830 bales and an Australian dollar trading at 71 – 72 US cents.By the end of the week, the Eastern Market Indicator…
Feb 02, 2019
Ag Tech Sunday - Yamaha, Agriculture next big areas of growth
The Japanese motoring giant Yamaha Motor recently announced Agriculture as one of its next big areas of growth. We don’t typically associate Yamaha with agriculture. What’s going on?Wait, this interview isn’t about the upcoming MotoGP…
Feb 02, 2019
Ag Tech Sunday - Australian agriculture, ripe for growing global investment
We recently traveled to Tokyo for the Global Ag Investing Asia conference. It was the third year in a row we have attended the conference and it was the best yet.We attend these conferences for two main reasons: * To continue to…
Feb 02, 2019
Ag Tech Sunday - Indigo launches digital logistics marketplace
Snapshot * Indigo Transport is a full-service digital logistics platform designed to connect shippers and carriers for the efficient haul of agricultural products * Indigo Transport is integrated within Indigo Marketplace™ to…
Feb 01, 2019
Mecardo Analysis - Merino lambs finding support but restockers not
By Angus Brown | Source: MLA. The Australia Day holiday saw an interrupted week for lamb sales but prices were relatively steady for finished crossbred lambs. Though, we did see some interesting price movements for restocker and Merino…
Feb 01, 2019
Mecardo Analysis - Weekly Wool Forwards for week ending 01 February 2019
By Matthew McAdam | Source: Riemann, Mecardo. This week has seen a lot more action in the market across both fine and coarse fibers. We saw confidence in coarse wool prices decline slightly this week, after an interesting increase…
Feb 01, 2019
Mecardo Analysis - Minor movements for wool
By Robert Herrmann & Olivia Agar | Source: AWEX, Mecardo. The general overview of this week’s wool market was that sellers saw minimal movements. In fact, if markets were stronger on day one they gave the gains back the next day,…
Feb 01, 2019
Mecardo Analysis - As January goes...
By Matt Dalgleish | Source: MLA, Steiner, Mecardo. Back in 2016 MLA put out an interesting piece that looked at the Eastern Young Cattle Indicator’s (EYCI) performance over the month of January and compared it to the rest of the season.…
Feb 01, 2019
Mecardo Analysis - Plan for the worst; hope for the best (in the west)
By Andrew Whitelaw | Source: CME, Mecardo. In this update I take a look at the most recent BOM three month climate outlook. What does it mean for the 2019/20 crop? In other news there could be some excitement on the market as the…
