Sep 28, 2018
CBH Group returns $94.5 million or $10.50/mt back to Growers
The CBH Group is pleased to announce growers who delivered and sold grain to the co-operative in 2017-18 will be rewarded with a rebate of up to $10.50 per tonne.The total amount comprises a $7.00 per tonne rebate from the Marketing…
Sep 28, 2018
Wool EMI retreats 54c/kg for the week
By Mark Dyson - Quality WoolDespite the Australian dollar remaining relatively stable this week trading at mid-72 US cents, the Eastern Market Indicator retreated by 54c/kg to finally settle at 2013c/kg clean.At present, overseas…
Sep 28, 2018
Forest Springs Rams average $1135
The newly established Forest Springs Merino Stud, Landsborough, Vic held their 5th annual on-property Ram Sale on Thursday the 27th of SeptemberThe sold 57 Rams to a top of $3750. The top priced lot was bought by Don and Sharyn Erwin,…
Sep 28, 2018
Mecardo Analysis - Prices are soaring like an eagle
By Andrew Whitelaw | Source: Mecardo, IGC. It’s another week of increased pricing. In this week’s comment we look at wheat pricing, the new action in canola and increased to global wheat production.The continued poor conditions and…
Sep 28, 2018
Mecardo Analysis - Soaring yarding level raining on prices
By Matt Dalgleish | Source: MLA, NLRS, Mecardo.Elevated sheep and lamb yarding levels are soaring like an eagle at the moment and creating a stormy price conditions for ovine markets this week. The Eastern States Trade Lamb Indicator…
Sep 28, 2018
Mecardo Analysis - Wool market kicks against the wind in Grand Final week
By Robert Herrmann | Source: AWEX, Mecardo. Again, this week saw the wool market give up ground, easing on Tuesday when only Melbourne was selling and this trend continued when Sydney and Fremantle joined in. AWEX reported that it…
Sep 28, 2018
Mecardo Analysis - No crowing nor singing for cattle markets
By Matt Dalgleish | Source: MLA, NLRS, BOM, Mecardo. Perhaps it’s a bad omen for the Roosters and Magpies in this weekend’s football finals but the cattle markets have provided little to crow or sing about with higher supply weighing…
Sep 27, 2018
Demand still strong for Lamb but supply tightens
Key points: * Sheep slaughter forecasts revised up on the back of ongoing dry conditions * Lamb prices reach record highs as strong demand meets tightening supply * Australian sheepmeat export values hit new heights * National…
Sep 27, 2018
The Yanco Merino Rams to a top of $9250
The Yanco Merino and Poll Merino Stud, Jerilderie, NSW held their on-property Ram Sale on Thursday.The put up 72 Rams and sold them all in a total clearance. The top priced lot made $9250 and the average was $2542The Sale grossed…
Sep 27, 2018
Westray Merino Rams average $3079
Westray and Genanegie Merino and Poll Merinos Studs, Peak Hill, NSW held their 42nd annual on-property Ram Sale on ThursdayWestray offered up 99 Rams and sold 94 to a top price of $8000 achieved twice.The average for the Sale was…
Sep 27, 2018
Nufarm exposed to Australian drought
• Revenue growth in all regions except Australia• Underlying EBITDA (1)(2) down by 1%, with the Australian drought impact largely offset by the European acquisition contribution• Underlying net profit after tax(3) down 28% on prior…
Sep 27, 2018
Famous Geelong Farm up for grabs
One of Victoria's oldest and most renowned farming properties, 1800-hectare Woolbrook near Geelong, has been put up for sale with owners the Morrison family joining the rush of multi-generational farming families looking to cash in…
Sep 27, 2018
Agfarm closes the Grain Broking to concentrate on finance and merchandise
By Ron McCalman - Agfarm CEOAs you are no doubt aware Australia boasts a rapidly evolving agribusiness economy and one which Agfarm has had to continually adapt to for over 25 years. As the Australian grains sector continues to evolve…
Sep 27, 2018
Mecardo Analysis - Price ranges within micron
By Andrew Whitelaw | Source: AWEX, ICS. The greasy wool market has gone through some structural changes in the past fifty years, some of which are captured by standard market reporting and some which are not. One of the structural…
Sep 27, 2018
Mecardo Analysis - The great fuel robbery of 2018
By Andrew Whitelaw | Source: Mecardo. Fuel prices have seen a dramatic rise in recent days. Talkback radio has been airing calls to boycott the petrol stations. I thought it was therefore worthwhile revisiting fuel prices within Australia…
Sep 27, 2018
Mecardo Analysis - Deciles: August 2018
By Andrew Whitelaw | Source: Various source. Deciles are an important tool in your marketing toolbox, to provide a view for strategic decisions. Our collection of updated deciles include dairy, wool, livestock, grain & inputs.To…
Sep 27, 2018
Tattykeel Australian Whites to $28,000 in top notch Sale
Tattykeel Australian White Stud, Oberon, NSW had their 5th annual Ram and Ewe Sale on Wednesday. The Australian Whites proved popular, they lined up 20 Stud Rams and sold the lot to an average of $11,500 and a top price of $28,000…
Sep 26, 2018
Wool Market off a further 18c/kg on Wednesday
KareeWool market report for the South - 26th of SeptemberSMI: 1975 -1818: 2570 -2219: 2349 -920: 2217 -1521: 2173 -2222: 2170 -2423: 2170 -1928: 910 -26MC: 1487 -51AUSD: 72.7 centswww.kareewool.com.auCome to our "Prime" Ag Centre…
Sep 26, 2018
All you need to know about Grazing Crops that are unlikely to yield
By Alison FrischkeCrop growth this year has been lower and depending on where you are and your paddock soil type, you may be looking to salvage crops that have suffered from the late and dry season or frost.A tool to help you decide…
Sep 26, 2018
Emerging trend in AWB's Production Advance
Grain growers are increasingly funding their production costs by tapping into the value of their crop. Grower take-up of Production Advance has increased since AWB started offering the program four years ago. But this year, we’re…
