Oct 18, 2018
RapidAIM takes aim a the pest of all pests
New insect-monitoring technology startup RapidAIM is receiving a $1.25M boost to protect Australia from the world's biggest biosecurity barrier to trade: the fruit fly, which costs Australia more than $300 million every year.Founded…
Oct 18, 2018
Wool Market takes another hit
Karee Wool market report for the Southern area - Oct 18IND: 1938 -1818: 2490 -3419: 2324 -4020: 2238 -1421: 2208 -2322: 2203 -1623: 2166 -2028: 846 +1MC: 1304 -8PI: 26.1%www.kareewool.com.auAd - Become a "Prime" Monthly Member (PMM) and…
Oct 18, 2018
Mecardo Analysis - A season spent at the edge of normal
By Matt Dalgleish | Source: MLA, Mecardo. The 2018 season has seen the largest range in the Eastern States Trade Lamb Indicator (ESTLI) in over a decade recording a 313¢ movement from the 571¢ trough in April to the 884¢ peak in…
Oct 18, 2018
Mecardo Analysis - Rising finished prices no match for inputs
By Angus Brown | Source: MLA, NLRS, Mecardo. Over the hooks grainfed cattle prices have hit a 13 month high recently, as finished cattle supply remains tight. However, the increase in the finished cattle price is still not matching…
Oct 18, 2018
Mecardo Analysis - Fibre diameter by region
By Andrew Woods | Source: AWEX, AWTA, BOM, ICS. Following on from the article earlier this week, which showed markedly different wool micron categories coming from different regions around Australia, this article looks at rainfall…
Oct 18, 2018
Mecardo Analysis - Canola: Finally catching up
By Andrew Whitelaw | Source: CME, Mecardo. In early September, I wrote an article on my concerns related to the lack of movement in canola pricing. It was pointing towards a likelihood of increased pricing due to the very tight balance…
Oct 17, 2018
Kerin Poll buys Anderson Rams Poll Sire for $20k
Anderson Rams Poll Sire, 170660 is a well balanced ram with exceptional breeding values in production traits as well as being highly worm resistant. He is structurally correct with bold crimping white wool. A heavy wool cutter on…
Oct 17, 2018
Anderson Rams Polls to $12,200
Anderson Rams Poll Merino Stud, Kojonup, WA held their on-property Sale on WednesdayThe cleared all the 100 Rams offered to a top price of $12,200.The average for the sale was $2368 and the gross came in at $236,800 for the Anderson…
Oct 17, 2018
Egelabra Merino Rams to $9k
Egelabra Merino Stud, Warren, NSW held its 35th annual Ram Sale at the Warren Racecourse on Wednesday. It's the first time the Sale has been held off-property due to the forecast of inclimate weatherThey entered 160 Rams and sold…
Oct 17, 2018
Tenterden Station, Gyra, NSW makes $17 million at Auction
By Lyndsey DouglasNew business Ray White Rural NSW made its first sale today with Guyra’s “Tenterden Station” purchased for $17million at an auction held in Sydney.Directors Andrew Starr and Bruce Birch (pictured) sold the property…
Oct 17, 2018
The long-awaited divestment process of Consolidated Pastoral Company (CPC) has begun
The Australian agribusiness announced the sale of Nockatunga Station, a bullock fattening operation located in southwest Queensland, to the Harris family’s Cleveland Agriculture.Spanning more than 850,000 hectares (2.1 million acres),…
Oct 17, 2018
Beef industry builds on Sheep CRC Supply Chain Group legacy
The Sheep CRC will leave a legacy of meat processing innovation that will benefit not just lamb producers for years to come, but the beef industry as well.The red meat industry’s National Supply Chain Group is this week meeting in…
Oct 17, 2018
Wool Market pounded today
Karee Wool market report, SMI: 17th of October18: 2524 -3919: 2364 -2520: 2252 -2621: 2231 -3222: 2219 -4323: 2186 -2028: 845 -15MC: 1583 -13AUSD: 71.4Ad - After a successful Ram Sale, Wallaloo Park now has Grade Rams and Semen available…
Oct 17, 2018
Agriculture: In the age of outrage
By Andrew Whitelaw We inhabit a world of outrage, which has only been amplified by the ability to generate considerable 'noise' on social media. It can seem like agriculture is under constant threat from campaigners with various outrages…
Oct 16, 2018
Farm Tender introduces DelayPay
Farming is changing, and as a business working with Farmers, we have to change and innovate as well.So as from today, we are introducing DelayPay. DelayPay lets you buy what you need now and pay for it later. It works for everything…
Oct 16, 2018
Wattle Grove Speckle Park Bulls to $25,000, Females to $20,000
Wattle Grove Speckle Park Stud, Oberon, NSW held their annual Sale on Saturday.In a red-hot Sale, they offered up 23 Bulls and sold the lot to an outstanding average of $12,891. Lot 11, Wattle Grove Wizard N83, sold to Outwest Speckle…
Oct 16, 2018
Grassy Creek Merino Rams to $6500
Grassy Creek Merino Stud, Boorowa, NSW held their on-property Ram Sale on MondayThey entered 138 Rams and sold 137 to a top price of $6500The sale average was $2451 and the gross came in at $335,787 for the Corkhill familyhttp://grassycreekmerinos.net.au/Ad…
Oct 16, 2018
Mecardo Analysis - A look back at the past, to see the ‘futures’
By Andrew Whitelaw | Source: CME. The use of financial price risk management tools by farmers remains quite low, with very few producers utilizing the opportunity to minimize their price risk. In this update, we provide a simple analysis…
Oct 16, 2018
Mecardo Analysis - September mourning for processor margins, or is it?
By Matt Dalgleish | Source: MLA, Mecardo.The Mecardo cut-out model shows processor margins narrowing 70% over September, as rising input prices put the squeeze on meat works. Although, it’s not all doom and gloom as margins remain…
Oct 16, 2018
Mecardo Analysis - Forward contracts breaking with tradition
By Angus Brown | Source: MLA, TFI. With rising concerns surrounding the supply of finished lambs during the summer, export processors have released forward contracts. We say the forward contracts are breaking with tradition because…
