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…
Oct 16, 2018
Mecardo Analysis - Merino wool supply is low and tricky to analyse
By Andrew Woods | Source: AWEX, ICS. Merino wool production in Australia (which given low stock levels equates to supply) is a hot topic in the supply chain. Participants are coming to grips with a market which has strong demand,…
Oct 15, 2018
Lamb prices gain momentum at Bendigo - Sheep dearer in tightening supply
Yarding - 31,239 (down 4842)Lambs - 24,100 (up 2309)Sheep - 7139 (down 7151)There was a modest lift in lamb numbers to 24,100 head, while sheep numbers halved as the cull, due to the dry season, starts to slow. Quality in the lamb…
Oct 15, 2018
AWI's concern over a 1.5% levy and production loss due to the drought
AWI is cautioning eligible levy payers to strongly consider their vote at WoolPoll, given the recent significant decrease in wool production anticipated in the coming seasons as a result of the drought.AWI Director Don Macdonald highlighted…
Oct 15, 2018
CBH add 1.5 million tonnes of storage and new Equipment for the 2018/19 Harvest
The CBH Group has added more than 1.5 million tonnes of storage capacity to its network as it completes more than 20 projects that will help reduce waiting times for Western Australian growers.With first grain deliveries just days…
Oct 15, 2018
Grain Bags get the tick of approval as a viable storage option
* Use of on-farm grain bags at harvest is gaining popularity in WA to help manage logistics * Research shows grain can maintain acceptable moisture levels during summer storage in grain bags * Seed germination rates of 99-100…
Oct 15, 2018
Unlocking more trade opportunities for the Australian red meat industry
The Australian Meat Industry Council (AMIC) welcomes the introduction of the Comprehensive and Progressive Trans Pacific Partnership (CPTPP) in the Senate this week.AMIC CEO Patrick Hutchinson says agreements like the CPTPP are a…
Oct 14, 2018
Depta Grove White Suffolk Rams to $26,000
Depta Grove White Suffolk Stud, Jeparit, Vic held their on-property Ram and Ewe Sale on ThursdayThey offered up 30 Stud Rams and sold them all to an average of $5167. Lot 72 was the top-priced Ram which sold to Camborn, White Suffolk…
Oct 14, 2018
Murray River Organics announce $30.6m equity raise
Yesterday, Murray River Organics (ASX:MRG) announced a fully underwritten $30.6m equity raising to support the Company’s turnaround strategy and to fund the needs of its growing business. MRG has also secured a 3 year debt facility…
Oct 14, 2018
Ag Tech Sunday - Tasmania’s Agrivision 2050 goal of a 10 billion dollar agrifood future!
By Laurie BonneyInnovation and entrepreneurship, incubators and accelerators, and innovation platforms are frequent topics for the media and discussion amongst colleagues or friends. The ratings winning television series ‘Shark Tank’…
Oct 14, 2018
Ag Tech Sunday - First Impressions of The Past or Future?
By RedhandedOutside the food on your plate, what is the most common way the public engage Australia’s agricultural industry?It’s agricultural shows and ‘field days’.And how do we portray our sector through these events that pull in…
Oct 13, 2018
Ag Tech Sunday - Nothing Virtual About It: How Digital Tools Are Improving Farmers’ Lives
By Liam Condon, President of the Crop Science division of BayerFrom small farms to large-scale operations, digital tools are transforming agriculture and improving the way millions of farmers around the world protect their crops and…
Oct 13, 2018
Ag Tech Sunday - Australian AgTech: Opportunities and challenges as seen from a US venture capital perspective
Executive summaryInnovation in agricultural technologies, or AgTech, is rapidly changing the world’s least digitised industry.1 Unprecedented global investment in AgTech reflects this growth, having quintupled from US$309M in 2013…
Oct 13, 2018
Ag Tech Sunday - FarmBeats new sensor technology is exciting
By Bill Gates I recently visited a remarkable farm in Carnation, Washington, just 25 miles from downtown Seattle.At first glance, Dancing Crow Farm looks like any other farm. There are rows of crops and, at least when I was there,…
Oct 12, 2018
Reducing your selling costs - Do your sums
By Kelsey Miller, Stocka DirectorLike many things in business, until you see it on paper in front of you its often easy to put aside and worry about other things that feel more pressing but in actual fact have less impact on your…
Oct 12, 2018
Feedlots play an important role in rural and regional economies
If feedlots were to shut down in 2018 the size of the Australian economy would retract by a massive $10.3 billion and 49,000 FTE employees by 2029. This is one of the key findings from the Deloitte’s Regional Feedlot Investment Study…
Oct 12, 2018
WA's newest Grain customers - NSW & Qld
By Andrew Retallick, Market CheckAs we enter the 2018/19 season, Australian grain balance sheets are already in the most precarious position in living memory. Grain prices have responded accordingly, with New South Wales (NSW) and…
Oct 12, 2018
Wool EMI heading North again
By Mark Dyson, Quality WoolThe Australian dollar holding stable at mid-70 US cents assisted the wool market to find solid gains this week.The Eastern Market Indicator (EMI), which had retracted some 102c/kg over the past three weeks,…
Oct 12, 2018
Mecardo Analysis - WASDE & rain
By Andrew Whitelaw | Source: CME, ASX, MecardoThe rain has arrived in the east, but it’s still too early to call the drought broken. Nonetheless, the sound of rain on the roof is great therapy. In this weekly comment, we take a brief…
Oct 12, 2018
Mecardo Analysis - Support emerges for the wool market
By Robert Herrmann | Source: AWEX, MecardoIt seems that Fremantle was the “canary in the mine” last week. We reported that the market appeared to find support in WA late on Thursday and this translated into a stronger market this…
