Dec 16, 2018
CBH Harvest Report - Emergency storage getting utilised
After two weeks of peak receivals, daily tonnages started to reduce across the state towards the end of this week as some grower’s harvest programs come to an end.“We have been seeing good tonnages in all zones during the last two…
Dec 16, 2018
Ag Tech Sunday - CropLogic targets the rich Mildura area
By Megan GrahamCropLogic (ASX:CLI) has smashed a major milestone today, making its first sale from the Sunraysia region for its ag-tech hardware and software solution, CropLogic realTime.By way of background, CLI is an award-winning…
Dec 14, 2018
Mecardo Analysis - Why does it always rain on me?
By Andrew Whitelaw | Source: CME. The sound of rain can be heard on roofs throughout the east coast. This will be welcome to some and a hindrance to others. In this update we take a look at futures for next year, and the last two…
Dec 14, 2018
Mecardo Analysis - Weekly Wool Forwards for week ending 14th December 2018
By Olivia Agar | Source: Riemann, Mecardo. The last week of physical wool auctions before the Christmas recess saw steady activity on the forwards market with just five trades.19 micron wool traded at 2,110¢ and 2,155¢ for May 2019.…
Dec 14, 2018
Mecardo Analysis - Strong finish to a momentous year
By Robert Herrmann | Source: AWEX, Mecardo. Exporters would be pleased with the final selling week; a solid finish before the break provides opportunity to write new orders for the re-start in 2019. The market rose on each of the…
Dec 14, 2018
Mecardo Analysis - How lamb price perspectives can change in a year
By Angus Brown | Source: MLA. Perspective is a funny thing, especially when it comes to commodity prices. This time last year the Eastern States Trade Lamb Indicator (ESTLI) hit a new record high of 661¢/kg cwt and lamb producers…
Dec 14, 2018
Mecardo Analysis - Owen brings an early Xmas gift
By Matt Dalgleish | Source: MLA, BOM, Mecardo. Rainfall to vast areas of the Eastern seaboard at the latter end of the week, compliments of ex-tropical cyclone Owen, has seen up to 50-100 mm recorded across Queensland, NSW and Victoria.…
Dec 13, 2018
Decision on the 450GL of an additional MDB Water to be made today
The Murray Darling Basin Water Ministers are meeting this Friday 14 December 2018 to consider the recovery of the additional 450 gigalitres of ‘Up-water’. Specifically, they will address how the socio-economic neutrality test will…
Dec 13, 2018
Digital divide is not just a country issue
By Robbie SeftonImagine if Australia had stayed as it was in 1861, when nearly half the population could not read.We are today (almost) universally literate, thanks to the compulsory schooling introduced in the 1870s to overcome Australia’s…
Dec 13, 2018
Southern Wool Indicator closes out the year at 1843 cents, up 1 for the day
Karee Wool market report South. December 13SMI: 1834 +118: 2371 +1019: 2248 +520: 2188 +1021: 2156 +322: 2155 +1223: 2121 -2228: 863 ucMerino Cardings: 1138 -26Passed in: 8.8%Today was the final sale of the year. Sales resume the…
Dec 13, 2018
Mecardo Analysis - Prem Merino fleece supplies trending up
By Andrew Woods | Source: AWEX, ICS. Shearing at shorter intervals continues to be popular. Cardings prices are in the process of re-setting themselves at a lower price in relation to combing length wool (larger discounts in effect)…
Dec 13, 2018
Mecardo Analysis - Heavy slaughter and rain should see a strong open
By Angus Brown | Source: MLA, ABS. Cattle slaughter has been running well ahead of the last eight months, but there is a good chance this will come to an end over the coming quarter. With plenty of rain forecast for the east coast…
Dec 13, 2018
Mecardo Analysis - The final WASDE for the year
By Andrew Whitelaw | Source: CME, ASX, Mecardo. The US Department of Agriculture released their final World Agricultural Supply and Demand estimates (WASDE) for 2019. Although the WASDE receives plenty of criticism (often from me),…
Dec 13, 2018
Mecardo Analysis - Regional Rainfall Update - November 2018
By Matthew McAdam | 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…
Dec 12, 2018
Rabaobank survey reports a lift in overall Farmer confidence but many are still concerned about the drought
Much-needed rains have finally fallen over some of the country’s drought-affected regions, but seasonal concerns continue to hang over the outlook for Australia’s agricultural sector, the latest Rabobank Rural Confidence Survey has…
Dec 12, 2018
NZ Farmers rewarded or punished - Fonterra takes a stand on animal welfare and environment
Fonterra farmers will receive rewards for better care for the environment and their animals, but laggards will be punished.From July next year they will also be able to fix the price of a percentage of their milk in a hedging scheme…
Dec 12, 2018
Grain Growers get an insight to the growing market of the products they produce
A group of grain growers gained a good grasp of the importance of wheat quality for noodles and bread as part of a special National Agriculture Day event hosted by GrainGrowers and AEGIC.Eight farmers from around Australia converged…
Dec 12, 2018
Ag needs new people with new skills - By Darren Hughes
Agriculture is having its moment in the sun. Growing global demand for food supported by a significant injection of new capital is creating opportunities not seen in the industry for a very long time. To capitalise on opportunities…
Dec 12, 2018
Farm gross value only down 3% on last year despite drought
The gross value of Australian farm production is forecast to decrease by 3 per cent to $58 billion in 2018–19, 6 per cent lower than the record production in 2016–17 but still above the 10-year average of $56 billion.ABARES Executive…
Dec 12, 2018
LambEx next gig is Melbourne in 2020
Australia’s premier sheep and wool conference LambEx is bound for Melbourne in 2020 and will be chaired by experienced farmer and agribusiness professional Georgina Gubbins.In making the announcement on behalf of the LambEx Executive…
