Oct 28, 2018
Understanding the Eastern Young Cattle Indicator
The Eastern Young Cattle Indicator (EYCI) is a seven-day rolling average of young cattle from 25 saleyards across Queensland, NSW and Victoria. It’s expressed in cents per kilogram carcase (or dressed) weight (¢/kg cwt) and is rounded…
Oct 28, 2018
UK exchange employee to learn from South Australian agriculture
By Melissa KeoghOne of South Australia’s leading regional grain marketers and agribusiness consultancies is helping local farmers to better manage seasonal challenges by introducing an international insight into the business.Rural…
Oct 27, 2018
Ag Tech Sunday - 30 yrs on - Agtech what has changed
By Scott Mckinnon - General Manager, Farmers Edge AustraliaI reached a major milestone this month. It has been thirty years, to the month, when I completed by UNE thesis on 'Personal Computer as a Farm Management tool'. As a treat…
Oct 27, 2018
Ag Tech Sunday - Are our food systems ready for the fourth agricultural revolution?
By Ashley RootseyThe future of food is fast approaching, so our agrifood industries must brace themselves for transparency.For decades now it has become increasingly easy for urban populations to lose touch with their food, meaning…
Oct 27, 2018
Ag Tech Sunday - Robot is pen herding Cattle at one of Cargills US Beef plants
Three quarters of a ton. That’s the size of the average bovine moving through Cargill’s beef plant in Schuyler, Nebraska. Multiply that by 5,000— approximately how many head of cattle the facility processes on a daily basis—and you…
Oct 27, 2018
Ag Tech Sunday - GoannaAg $3.35 million Capital raise
Australian ag-tech business, GoannaAg, (the new operating brand of Discovery Ag) has today announced the completion of its first capital raising, securing $3.35 million in growth funding from prominent public and privately-owned businesses…
Oct 26, 2018
Wool Market hits a large speed hump
By Mark Dyson - Quality WoolA week of reduced overseas demand coupled with an ongoing wool offering of drought-affected wools has resulted in market values taking a sharp downturn this week.Despite the Australian dollar dipping below…
Oct 26, 2018
What’s it going to cost if you don’t cover your hay?
Sponsored by Feedworks. You can get your Inland Performer Hay Tarps at the Prime Ag Centre (PAC) in Elmore. Check out the Tarps hereHay left in the open is prone to spoilage at potential fire outbreak.An average cost to cover a hay…
Oct 26, 2018
Mecardo Analysis - Rain maintains price gains
By Angus Brown | Source: MLA, BOM, Mecardo. The patchy rain continued this week and so did the price rises. The Eastern Young Cattle Indicator (EYCI) is following a similar trend to last year. In 2017 the October rally lasted through…
Oct 26, 2018
Mecardo Analysis - The hunt for the red October
By Andrew Whitelaw | Source: CME, ASX, Mecardo, USDA. This week the market continues its volatility with prices falling globally and domestically. The main factors driving the market into the red has been the Russian crop beating…
Oct 26, 2018
Mecardo Analysis - Tide turns for wool
By Robert Herrmann | Source: AWEX, Mecardo. If last week was bad for wool prices, it turned out that it was only the start of the fall. This week, no segment was spared and the full force of the correction was felt causing the market…
Oct 26, 2018
Mecardo Analysis - Weekly Wool Forwards – week ending 26th October 2018
By Olivia Agar | Source: Mecardo, Riemann. The physical market pulled back this week which saw growers looking get some short-term security on the forwards market. The A$ dollar slid further down from last week’s levels, meaning wool…
Oct 26, 2018
Mecardo Analysis - Where are the Victorian lambs?
By Matt Dalgleish | Source: MLA, NLRS, Mecardo. Reduced lamb throughput across all states this week saw prices rise across the board for sheep and lamb markets. The Eastern States Trade Lamb Indicator (ESTLI) demonstrated the apparent…
Oct 25, 2018
Drought policy must adapt to a changing climate
By Richard Heath - AFIThe Federal Government is convening a summit to address the devastating drought currently afflicting Eastern Australia, to unite national efforts in coordinating action to support drought-affected families and…
Oct 25, 2018
ADM, Bunge, Cargill and Louis Dreyfis join together to digitise Global Shipping transactions
Driven by opportunities to increase transparency and efficiency for customers, global agribusinesses are turning to emerging digital technologies – including blockchain and artificial intelligence options – to reduce resource- and…
Oct 25, 2018
Woolmark Company to cash in on the Wool shoe boom by partnering with Indian brand Neeman's
Indian leading footwear brand, Neeman’s, has announced that it has partnered with the Woolmark Company, the global authority on wool and a subsidiary of Australian Wool Innovation, to launch a range of shoes made from 100 per cent…
Oct 25, 2018
North American Corn Harvest is 52 percent completed
By Peter McMeekinIn North America, the huge summer crop harvest is finally moving into top gear after a run of weather-induced delays. At the same time, the winter wheat planting program is progressing well, and the delayed Canadian…
Oct 25, 2018
Improving soil moisture lift Sorghum prospects
By Peter McMeekinThe prospects of a large sorghum plant in Australia this season have increased significantly with more rainfall across many parts of Queensland and northern New South Wales over the past week. Whilst it is far too…
Oct 25, 2018
Wools SME down 17 cents for the day
Karee Wool market report for the South - Oct 25thIND: 1849 -1718: 2382 -3619: 2241 -1720: 2158 -421: 2163 +622: 2165 +1123: 2123 -4328: 776 -28MC: 1156 -40PI: 30.0%www.kareewool.com.auAd - Support our "Prime" Preferred Partners (PPP),…
Oct 25, 2018
Mecardo Analysis - Basis is basic
By Andrew Whitelaw | Source: CME, Mecardo. The grain price in Australia has reached stellar highs in the past three months. This is not due to international values increasing but due to strong basis. In this article, we aim to provide…
