Jan 31, 2019
Wool Market Steady
Karee Wool market report for the South - 31st JanuarySMI: 1906 -418: 2443 -1419: 2287 -720: 2251 -1221: 2224 -1122: 2223 uc23: 2222 +128: 1031 +33Merino Cardings: 1123 -22Passed Inn: 5.8%AUSD: 72.7www.kareewool.com.auAd - For Sheep…
Jan 31, 2019
Good news as Saputo announces a step up in their Farmgate Milk price
Saputo is pleased to announce a step up in our farmgate milk price for the 2018/19 season for our suppliers in the Southern Milk Region and NSW – Sydney Market Region. This price increase reflects our acknowledgement that farm conditions…
Jan 31, 2019
Change of ownership in Termora based Ag business BFB
TEMORA, AUSTRALIA, B.F.B. Pty Limited (BFB) announced the sale of Proterra Investment Partners’ majority stake to the Public Sector Pension Investment Board (PSP Investments), one of Canada’s largest pension investment managers and…
Jan 31, 2019
Global Supply to put a ceiling on Milk prices in 2019
Despite slow milk production growth around the world, supply will likely outpace demand in 2019 leaving prices pretty similar to 2018, according to Nate Donnay director of dairy marketing for INTL FCStone.“Fat might be a little bit…
Jan 31, 2019
RCS Benchmarking 2017/18 Profit Probe tells sobering story
By David McLean - RCS ChairmanThe 2017/18 financial year showed a few positive results and some concerning trends in the latest ProfitProbe™ economic benchmarking.Sheep prices stayed relatively static during the financial year whilst…
Jan 31, 2019
Mecardo Analysis - Cutting deeper into the flock to start 2019
By Angus Brown | Source: MLA. Last week we looked at the opening cattle slaughter rates for 2019 and it seems that the trend of offloading stock is continuing. The same is happening with sheep. Early indications are that the strong…
Jan 31, 2019
Mecardo Analysis - Projections looking at a 23 year low herd
By Angus Brown | Source: MLA, ABS. Meat and Livestock Australia’s (MLA) Cattle Industry projections for 2019 were released yesterday, and there were few surprises. With cattle slaughter rates higher than expected, the herd has been…
Jan 31, 2019
Mecardo Analysis - Processor margins and spreads
By Matt Dalgleish | Source: MLA, Steiner, USDA, Trade, Mecardo. Lower cattle input prices and improved beef export values during December helped the Mecardo processor margin model to finish the 2018 season on a contented note, moving…
Jan 31, 2019
Mecardo Analysis - Matching up Australian crossbred prices with NZ prices
By Andrew Woods | Source: AWEX, RBA, PGG Wrightson. As the major Merino wool producer, Australian prices are the effective benchmark for greasy Merino prices. This benchmark position is aided by the transparency of the market, in…
Jan 31, 2019
Mecardo Analysis - Regional Rainfall Update December 2018
By Matt Dalgleish | Source: BOM, MecardoMecardo have created a series of regional rainfall charts across the nation in order to compare the current seasonal rainfall on a monthly basis to the long term average levels and the normal/extreme…
Jan 30, 2019
How this Timboon Dairy Farmer Built a Booming Ice Cream Business
You don’t have to be a news junkie to know that Aussie dairy farmers have had it tough lately. And it’s not just our drought-prone land that is giving them a hard time, but the David and Goliath battles that they’ve faced to get a…
Jan 30, 2019
Artificial intelligence could provide a ‘game changing’ weapon for weed control
Artificial intelligence could provide a ‘game changing’ weapon being sought by Australian grain growers in their battle against costly weeds within their farming systems.Breakthrough ‘green on green’ weed search and destroy technology…
Jan 30, 2019
Sheep Producers Australia releases EID report and recommendations
Sheep Producers Australia has today released a report summarising key learnings from a recent tour of Victoria’s electronic identification system for sheep and goats, including elements which would need consideration if the system…
Jan 30, 2019
Lamb Market down $2-$8 at Ballarat this week
Yarding - 32,294 (+2052) .Lambs - 24,294 (+4852).Sheep - 7800 (-2800). Ballarat Agents yarded a larger number of lambs following the long weekend and the continuing hot weather, with 24,294 head penned. Quality varied from average…
Jan 30, 2019
The food revolution is underway, you just haven't noticed
By Julie FrancisI find it puzzling that so many people who don’t know farming, like to tell us what needs to happen in Australian agriculture.An article on the ABC news website, January 27th 2019, calls for a food revolution that…
Jan 30, 2019
JLL snag a couple of CBRE Rural Property Agents
JLL has expanded its agribusiness division with two appointments, which will boost its services to include rural property sales, valuations and transactions.Geoff Warriner and Chris Holgar are joining from CBRE where they have a combined…
Jan 30, 2019
SMI for Wool up 9 today
Karee Wool market report for the South - January 30SMI: 1910 +918: 2457 +2319: 2294 +1120: 2263 +1721: 2235 uc22: 2223 +1023: 2221 +3828: 998 +53Merino Cardings: 1145 -6Passes In: 5.2%www.kareewool.com.auAd -MAXI-FEEDER Hay Feeders…
Jan 30, 2019
Mecardo Analysis - It’s been a long ‘holiday’ but the USDA will be back
By Andrew Whitelaw | Source: CME, USDA. The longest running government shutdown in the history of the United States, lasting a whopping 35 days. A fortnight longer than any previous shutdown. This left 100’s of thousands of government…
Jan 30, 2019
Mecardo Analysis - Wherefore art thou heavy lamb?
By Matt Dalgleish | Source: MLA, NLRS, Mecardo. In the Friday sheep market comment we noted the lack of Heavy Lamb across NSW sale yards since the start of the season. This analysis piece looks at the other two key mainland states…
Jan 29, 2019
It’s hot! Damn hot! Real hot! - By Peter McMeekin
World Grain updateExtreme heat wave conditions have been experienced across many parts of south eastern Australia over the past week with temperature records tumbling in many regions. South Australia appears to have been the worst…
