Nov 15, 2018
Mecardo Analysis - Offshore mutton demand underpins prices despite high supply
By Matt Dalgleish | Source: DAWR, MLA, NLRS, Mecardo. The Department of Agriculture and Water Resources (DAWR) mutton trade figures were released recently for October and showed that offshore consignments continue to run at levels…
Nov 15, 2018
Mecardo Analysis - Regional Rainfall Update - October 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…
Nov 15, 2018
GrainCorp's profit down 44 percent
Summary:› Underlying EBITDA1 $269 million (FY17: $390 million)› Underlying NPAT2 $71 million (FY17: $142 million)› Statutory NPAT3 $71 million (FY17: $125 million)› Fully franked final dividend of 8 cents per share (cps); total FY18…
Nov 14, 2018
NSW DPI State Seasonal update - Dry continues in many areas
The NSW Department of Primary Industries (DPI) State Seasonal Update for October shows the majority of NSW is still in drought despite average to above average rainfall being received over the past month.DPI’s Leader of Climate Applications…
Nov 14, 2018
Pastoral Innovation – The Wirrealpa Story
By John Fargher - AgriwebbPublic perception still believes that time somehow stopped for the everyday farmer and left us lagging behind, needing to catch-up. If growing up on Wirrealpa Station in South Australia has taught me one…
Nov 14, 2018
Impact of the Royal Commission on Lending to Agriculture
The final report from the Royal Commission is due out in February 2019. The full impact (or fallout) will filter through sometime after this, as the banks fully digest the ramifications of the final report.My view is that if your…
Nov 14, 2018
Further downward trend with Wool price yesterday
Karee Wool market report South. November 14thSMI: 1745 -918: 2208 +119: 2088 -1920: 2048 -821: 2054 -1022: 2082 -1823: 2016 -3028: 754 +3MC: 1093 +48Pass in rate: 9.3%www.kareewool.com.auAd - We Cut, Rake and Bale - Serving the Wimmera,…
Nov 14, 2018
World Grains update
By Peter McMeekin - Consulting to the agricultural commodity sector in AustraliaOutside of the US midterm elections, two events stole the spotlight in global grains markets over the past week. Firstly, the results of the most recent…
Nov 13, 2018
Newly listed Historic Chatswood House property on the market
Chatsworth House, one of Victoria's grandest Western District's properties, has been listed for sale.It's set to be traded for the first time in 25 years, having not sold when listed three years ago.The price guide is $22.5 million…
Nov 13, 2018
Faba Beans gather favour in the growing plant based protein sector
By Brendan McKeegan - Eat GroupPLANT-based proteins have moved well beyond the realm of ‘fringe’ food sources, according to the director of a leading Australian plant protein manufacturing and development company.Brendan McKeegan,…
Nov 13, 2018
Video - Ruralco invest in DataFarming Australia
Ruralco today announced it has made a strategic investment in Toowoomba-based Agtech startup; DataFarming (Australia). Established by husband and wife founders Tim and Peta Neale, DataFarming is a web-based platform that uses satellite…
Nov 13, 2018
How much money should you spend selling your livestock?
By Kelsey Miller - StockaI wrote a week or so ago about the power of understanding where to focus when it comes to improving your returns. The reason for this is pretty straightforward: when you narrow your focus it gets easier to…
Nov 13, 2018
Mecardo Analysis - Mutton strong now but set for new records
By Angus Brown | Source: MLA. A couple of weeks ago we took a look at Meat and Livestock Australia’s (MLA) flock and slaughter projections for the sheep flock and lamb slaughter. While lamb supply and prices fill the headlines nicely,…
Nov 13, 2018
Mecardo Analysis - Cardings – the cycle turns
By Andrew Woods | Source: BAE, AWC, WI, AWEX, RBA, PCI Wood Mackenzie, Cotlook, ICS. The Merino Cardings indicator has fallen by around 500 cents or one third since August. It has been an abrupt change in sentiment for a segment of…
Nov 12, 2018
An improved understanding of how to store moisture
By Toni SomesWhen it comes to putting this season into perspective, Riverina grower Roy Hamilton has 128 years of rainfall records to show that, for his family’s property, this year is one of the driest since 1890.The grain and fat…
Nov 12, 2018
WoolPoll goes to preferences for the first time as no option reaches the 50 per cent required
WoolPoll will go to a preference count for the first time in its history after none of the options put to woolgrowers received the required 50 per cent majority on the first count.Australian Wool Innovation said it had been advised…
Nov 12, 2018
Heavy Lamb price spike as prices go up across the board at Bendigo Sale on Monday
Yarding - 31,000 (+1,000).Lambs - 19,000 (-1,000).Sheep - 12,000 (+2,000). Lamb supply remained similar to a week ago at 19,000 head. Quality was mixed and comprised only limited pens of well finished heavy slaughter lambs, the bulk…
Nov 12, 2018
Data is the key to this WA Farmers decision making
Brad & Kate Jones farm 11,000 hectares on a property called Bungulla, just outside Tammin, Western Australia. Together with manager Hannes and 5 employees, Brad grows a mixture of wheat, barley, canola and lupins, in addition to running…
Nov 12, 2018
Video - What's happening at AgriChain - Listen to Caile Ditterich being interviewed
This is where Agriculture Supply Chains are headed. Listen to AgriChains Caile Ditterich talk to his American buddy Joe Blackman about what has been happening in the AgriChain world. Listen here - https://youtu.be/DGrMmY3677UFarm…
Nov 12, 2018
Case Dealers O'Connors aquire four NSW dealerships
Case IH dealership O’Connors is consolidating its place within the Australian agricultural machinery industry, with a significant expansion into the NSW Central West region.The McClintock Group locations in Forbes, West Wyalong and…
