Nov 30, 2018
ALEC supports investigation into the unloading of Dairy Heifers in Portland just recently
The Australian Livestock Exporters’ Council has today strongly endorsed a full investigation into the circumstances which led to 4,327 dairy heifers being unloaded from a livestock vessel at Portland this week.ALEC CEO Brett Pointing…
Nov 30, 2018
Hit summer weeds early to optimise benefits
By Sharon WattSouthern region grain growers – in areas where ground cover is sufficient – are advised to control summer weeds at the earliest opportunity to optimise the potential for a multitude of agronomic and financial benefits.Early…
Nov 30, 2018
Two cent increase for the Wool EMI for the week
By Mark Dyson - Quality WoolThe wool market held reasonably firm this week, despite the Australian dollar increasing to trade above 73 US cents.This resulted in the Eastern Market Indicator (EMI) showing little movement, increasing…
Nov 30, 2018
Bayer to slash 12,000 jobs after it's acquisition of US rival Monsanto
Bayer plans to slash thousands of jobs as part of a corporate overhaul following its acquisition of Monsanto.The chemicals and pharmaceuticals group said it would cut 12,000 jobs out of its global workforce of 118,000 by the end of…
Nov 30, 2018
Value analysis of the Australian live Cattle trade - Key highlights
By Mecardo. Read the Summary Report here. Key findings. In the last thirty years, the Australian live cattle export trade has established itself as an important component of the overall Australian cattle market - providing jobs for…
Nov 30, 2018
Mecardo Analysis - Mutton still dragging the chain
By Angus Brown | Source: MLA, Mecardo.With some wild variation in lamb and sheep markets this year it is unusual to see a relatively steady week. But this is how it panned out this week, with relatively steady prices across the east…
Nov 30, 2018
Mecardo Analysis - Geopolitics at the fore
By Andrew Whitelaw | Source: CME, ASX, Mecardo. It’s been an interesting week, with geopolitics front and centre. Early in the week, we had a fracas between Russia and Ukraine and today the leaders of the world meet for G20 talks.…
Nov 30, 2018
Mecardo Analysis - Resilience in wool market
By Robert Herrmann | Source: AWEX, Mecardo. Probably the right result this week in the wool market, where after the turbulence of the previous weeks the market had a settled tone to it. The two volatile aspects were the strengthening…
Nov 30, 2018
Mecardo Analysis - Weekly Wool Forwards for week ending 30th November 2018
By Olivia Agar | Source: Riemann, Mecardo.With a sideways week at the physical wool market, the forwards market took a back seat. Just a single contract traded.A 19 micron contract traded at 2,035¢ with a maturity of August 2019.No…
Nov 30, 2018
Mecardo Analysis - Climate woes as cattle price goes sideways
By Matt Dalgleish | Source: MLA, NLRS, BOM, Mecardo.Terrible fires across Queensland and floods impacting coastal NSW are a cause for concern this week and are taking the focus off cattle markets. At least there wasn’t much to keep…
Nov 29, 2018
SMI down two cents yesterday
Karee Wool market report the South. November 29thSMI: 1831 -218: 2315 +1119: 2195 +120: 2152 -1221: 2138 -1522: 2141 -1828: 946 +15MC: 1181 -3Passed in: 7.6%www.kareewool.com.auAd - Support our "Prime" Preferred Partners (PPP), they…
Nov 29, 2018
Commitment by all governments to build a stronger national biosecurity system
New biosecurity blueprint to protect the future of farming * National response to the Intergovernmental Agreement on Biosecurity (IGAB) report—Priorities for Australia's biosecurity system released today * Confirms all governments…
Nov 29, 2018
RGA blames Water reform and high prices for SunRices difficult situation
The Ricegrowers Association of Australia (RGA) is devastated by the news that SunRice finds itself in the extremely difficult situation of needing to reconfigure milling operations in Deniliquin and Leeton. Closing a Deniliquin Mill…
Nov 29, 2018
AgForce looking for the brightest minds in Queensland Ag
AgForce is seeking experienced, enthusiastic and creative thinkers to help drive policies that ensure the continued sustainability and growth of Queensland agribusiness.AgForce General President Georgie Somerset said an expressions…
Nov 29, 2018
Sunrice to reduce it's workforce on the back of a significantly reduced 2019 Crop
SunRice today announced it will be reconfiguring its Riverina milling, packing and warehouse operations over the coming eight months to cater for the significantly reduced Riverina rice crop anticipated in 2019. The reduced size of…
Nov 29, 2018
Mecardo Analysis - Seasonality Update - Wheat
By Andrew Whitelaw | Source: CME, ASX, Mecardo. Harvest is in full swing throughout much of Australia and the majority of grain sales by producers will occur over the next 12 weeks. It is worthwhile examining the seasonality of wheat…
Nov 29, 2018
Mecardo Analysis - Live export growth – a countdown to take off?
By Matt Dalgleish | Source: MLA, Livecorp, Mecardo.Since July 2018, monthly live cattle export volumes have been running above the five-year seasonal average and October saw the highest monthly volumes recorded in three years, at…
Nov 29, 2018
Mecardo Analysis - Have we seen the bottom?
By Angus Brown | Source: MLA, MecardoBeing based at the late spring/early summer lamb capitals of Hamilton and Ballarat, the most often asked question we get at this time of year is “Have we seen the bottom?” or “Can it go any lower?”.…
Nov 29, 2018
Mecardo Analysis - Mohair prices following the general trend
By Andrew Woods | Source: WTiN, Mohair South Africa, AWEX, RBA, McGregor and ButlerMohair is part of the group of “noble fibres” which includes the small volume fibres from animals. Vicuna comes in as the smallest, with annual production…
Nov 29, 2018
Barley bites back ...
Peter McMeekin - Consulting to the agricultural commodity sector in AustraliaWeather delays may have been playing havoc with the Western Australian harvest thus far, nonetheless, grain receivals have skyrocketed to exceed 2.6 million…
