Aug 24, 2018
Karawatha Park Merino's impressive $2502 average
Karawatha Park Merino and Poll Merino Stud, Kimba, SA, held their 16th annual on-property Sale on FridayThey offered up 112 Rams and sold the lot to a top price of $5200.The Sale average was an impressive $2502, and the overall gross…
Aug 24, 2018
Podcast - Farmer Scott Nicholson talks on AWI's The Yarn
Hear Nuffield Scholar Scott Nicholson talk about technology in the Sheep industry on AWI's The Yarn Podcasthttp://d2nqfrasr84me9.cloudfront.net/The-Yarn-EP59.mp3
Aug 24, 2018
Mecardo Analysis - It doesn’t rain grass but there might be some upside
By Angus Brown | Source: MLA, Mecardo. With a little bit of precipitation on the forecast, there is also a bit of positivity around the young cattle price. While it doesn’t rain grass, or demand, a forecast of rain will often halt…
Aug 24, 2018
Mecardo Analysis - Wool market not so happy this week
By Robert Herrmann | Source: AWEX, Mecardo. After the extraordinary price moves of last week, the wool market seemed to be in a grumpy mood with across the board retreats in prices at the 2-day Melbourne and Sydney sales.The Eastern…
Aug 24, 2018
Mecardo Analysis - What is the situation with Wheat importers?
By Andrew Whitelaw | Source: USDA, Mecardo. The world is awash with wheat, it’s just not in the right place. The focus in the market is largely on supply issues, however, demand is also an importer driver not to be forgotten. We take…
Aug 24, 2018
Mecardo Analysis - More fake news and a spill in Wheat
By Andrew Whitelaw | Source: CME, Mecardo. The week that was in wheat. There is always something interesting happening in the wheat market and when there isn’t, the industry can just make things up. In this week’s market comment,…
Aug 23, 2018
China - Fatal Pig virus might be a shot in the arm for struggling Aussie Pig Farmers
A nightmare is unfolding for animal health experts: African swine fever (ASF), a highly contagious, often fatal disease of domestic pigs and wild boars, has appeared in China, the world’s largest pork producer. As of today, ASF has…
Aug 23, 2018
EMI come off 48 cents from the record high
By KareeWoolWeek 8 is host to the annual Wool Week and due to this fact, the Western Region had a one-week recess to allow interested parties to attend the planned activities in the Eastern States.An unusual selling pattern of Tuesday…
Aug 23, 2018
Sucker record blown away - $292.20 Suckers at Wagga
Here’s the new record for new season lambs. Vendor Mick Hansell sold these suckers for $292.20 at Wagga this morning. Estimated at 28kg dressed.
Aug 23, 2018
Aussie food in demand at home and abroad
Demand for Aussie grown produce both domestically and in international markets is on the rise.The Australian Bureau of Agricultural and Resources Economics today released its Food demand in Australia report to outline key trends.Australia's…
Aug 23, 2018
Calcookara Merino's to $5800
Calcookara Merino Stud, Cowell, SA, held their on-property Ram Sale on Thursday.They entered 79 lots and sold 72 to a top price of $5800.The Sale averaged $2066 and the overall gross was $148,752 for the Smith familyPicture - Lot…
Aug 23, 2018
Kelvale Poll Merino's average an impressive $2398
Kelvale Poll Merino Stud, Keith, SA held their Ram Sale on Thursday.They offered up 140 Rams and sold 132 to a top price of $5200.The average for the main Sale was an impressive $2398, the main Sale grossed $316,536No results through…
Aug 23, 2018
Watasanta Santa Gertrudis top of $18,000 twice
Watasanta Santa Gertrudis Stud, Tamworth, NSW held their 10th annual Bull Sale on Wednesday.They offered up 42 Bulls and sold 37 to a top price of $18,000 twice. Lot 14, Watasanta Mustang 2318 sold to S Kidman & Co Ltd, SA and lot…
Aug 23, 2018
Bauhinia Park Charolais and Angus to $18,000
Bauhinia Park Charolais and Angus Stud, Emerald, Qld held their 14th Annual Bull Sale on Wednesday.They lined up 32 Charolais Bulls and sold the lot to an average of $6516.The top offering went to lot 16, Bauhinia Park Macho which…
Aug 23, 2018
The American arid West is slightly moving East which has big implications for Ag
The American West appears to be moving east. New research shows the line on the map that divides the North American continent into arid Western regions and humid Eastern regions is shifting, with profound implications for American…
Aug 23, 2018
Mecardo Analysis - Beef and Lamb spreads – Saleyard to retail
By Matt Dalgleish | Source: MLA, NLRS, ABS, MecardoSurging saleyard lamb prices in the Eastern states have seen the spread between the Eastern Young Cattle Indicator (EYCI) and the Eastern States Trade Lamb Indicator (ESTLI) widen…
Aug 22, 2018
Inghams profit up to $114 million as people turn to Chicken
Snapshot:* Core Poultry volumes of 397.7kt, increased 3.2%* Gross Profit of $476.9m, increased 4.4%* EBITDA of $212.0m, increased 8.7%* Underlying EBITDA of $208.9m, increased 7.1% (Appendix ii)* NPAT of $114.6m, increased 12.4%*…
Aug 22, 2018
PSP Investments buys Webster holding for $132 million
Webster Limited, one of Australia’s leading agribusinesses, today announced it has entered into a share purchase agreement (Agreement) to divest its wholly-owned subsidiary Bengerang Limited (Bengerang), incorporating the agricultural…
Aug 22, 2018
Wellard loss of $36.4 million is an improved result on last years $75.3 million loss
Wellard has delivered an improved financial result in FY2018.Net Profit After Tax (NPAT) improved by $38.9 million on the $75.3 million loss in FY2017 but was still a loss of $36.4 million for the financial year.The ‘cost-out’ program…
Aug 22, 2018
Not on - Sheep Producers Australia condemn cruelty in Vic abattoir
Sheep Producers Australia has condemned a shocking display of animal cruelty at a Victorian abattoir, published online this week.SPA Executive Chair Chris Mirams says the actions captured in the footage are appalling and completely…
