Nov 02, 2018
Mecardo Analysis - Yarding boost provides headwind on prices
By Matt Dalgleish | Source: MLA, NLRS, Steiner, Mecardo. The recent rain has provided a lift to cattle prices last week across the East coast and producers responded this week to the improved prices with increased offering at the…
Nov 02, 2018
Mecardo Analysis - Hold, Hold, Hold, Now!
By Angus Brown | Source: MLA, Mecardo. Those familiar with the movie ‘Braveheart’ will recall the scene where Mel Gibson and co are facing a cavalry charge from the English Army. Mel said ‘Hold, hold, hold, now!” and the Scottish…
Nov 02, 2018
Mecardo Analysis - The fall steadies but no light in the tunnel
By Robert Herrmann | Source: AWEX, Mecardo. Wool producers did their best to support the market this week; of the 40k bales rostered only 35,700 were eventually offered for sale with a further 5,900 passed under grower’s reserve.…
Nov 02, 2018
Mecardo Analysis - Weekly Wool Forwards – week ending 2nd November 2018
By Olivia Agar | Source: Riemann, Mecardo. The lacklustre physical auction market provided a leader for a lacklustre week on the forwards market. The US dollar rise over the last fortnight came to an abrupt halt, making room for…
Nov 01, 2018
BCG - Feed testing a must for Canola Hay
By Louisa Ferrier - BGC In 2006, canola hay was produced across the region however, it gained a bad reputation as merely ‘sticks inside string’ due to the timing and treatment of the hay that was made. Now it’s time to reconsider…
Nov 01, 2018
ICA floats five-point plan to help drought-affected farmers
The Insurance Council of Australia (ICA) has said it supports the removal of stamp duties on agricultural insurance products nation-wide as a key measure to improve the uptake of farm income and crop insurance for primary producers.ICA…
Nov 01, 2018
GrainCorp to shed jobs on the back of the dry conditions
GrainCorp has announced a simplification of the eastern Australian operating structure in its Grains business unit to: * Remove costs in a challenging operating environment; and * Position it to deliver more focused and relevant…
Nov 01, 2018
Light at the end of the drought tunnel
By - Mark Bennett - Head of Australian Agribusiness at ANZDrought is devastating. But it’s not new. Nor is the strength and resilience being demonstrated across the agricultural industry. You can see this every day in the individuals…
Nov 01, 2018
CNH Industrial and Farmers Edge™ announced a strategic digital Agriculture partnership
US and Canada - CNH Industrial, one of the world’s largest farm machinery manufacturers, and Farmers Edge™, a global leader in decision agriculture, announced a strategic digital agriculture partnership today. Through its extensive…
Nov 01, 2018
World Grains snapshot as Harvest kicks in to gear in Australia
By Peter McMeekin - Grain Industry ConsultantAs harvest of the drought ravaged winter crop gains momentum here in Australia, the European farmer is also busy juggling their summer crop harvest program with the seeding of their winter…
Nov 01, 2018
ALEC welcomes the reforms announced by Littleproud
THE Australian Livestock Exporters’ Council welcomes the reforms announced today by the Minister for Agriculture David Littleproud to strengthen the Department of Agriculture & Water Resources’ regulatory oversight of the livestock…
Nov 01, 2018
Australia’s grain supply chains: costs, risks and opportunities
Australia needs to continue to reform its export grain supply chains to remain competitive in an increasingly challenging global grain market, according to a new report from the Australian Export Grains Innovation Centre (AEGIC).The…
Nov 01, 2018
12,000ha Darran Aggregation at St George is on the market
The Darran Aggregation – spanning more than 12,000ha in south-west Queensland – has been listed for sale. After two decades of ownership, the Lindores family has engaged CBRE Agribusiness to market for sale the large-scale mixed farming…
Nov 01, 2018
4630ha Macleods Creek Station is up for sale
A substantial cattle station in one of New South Wales’ historic alluvial gold mining regions is for sale, offering significant diversification opportunities. Spread across 10 freehold titles, Macleods Creek Station is located 10km…
Nov 01, 2018
Wool SMI down 13 cents for the day
Karee Wool market report South. November the 1stIND: 1830 -1318: 2343 -2119: 2221 -1220: 2141 -2321: 2126 -3022: 2169 +123: 2117 -128: 778 -8MC: 1116 -14PI: 16.2%www.kareewool.com.auAd - Used Machinery buying opportunities at Orange…
Nov 01, 2018
Growth Farms extend closing date on fund and reduces the size of the investment
Growth Farms Australia is pleased to announce that the close date for investor participation in our new Fund, the Australian Agricultural Lease Fund, has been extended to 21st December 2018. The reason for the extension is based on…
Nov 01, 2018
Mecardo Analysis - Canola and Rape futures
By Andrew Whitelaw | Source: CME, ASX, Mecardo. Canola is starting to be harvested but a cloud hangs over the industry. With a massive hay program and dry finish, what will happen to yield and oil content? In this analysis, we take…
Nov 01, 2018
Mecardo Analysis - Victorian yarding levels spring into action
By Matt Dalgleish | Source: MLA, NLRS, Mecardo. Since the middle of 2018 Victorian lamb yarding levels have been elevated, with average weekly throughput since July running 48% above the seasonal five-year average levels. Into early…
Nov 01, 2018
Mecardo Analysis - Projections suggest 2018 a blip in rebuild
By Angus Brown | Source: MLA, ABS. Meat and Livestock Australia (MLA) have released the October update of their industry projections. The updated estimates of herd, slaughter, beef production and exports are basically trying to put…
Nov 01, 2018
Mecardo Analysis - Lamb price and average wages
By Matt Dalgleish | Source: MLA, NLRS, Mecardo. Many years ago, a smart farmer mentioned to me how a sheep cost half a week’s wages in the 1950s. He was thinking that meat prices (this is the early 1980s) were cheap in relation to…
