News

Mecardo
mecardo.com.au > forecast-flock-figure-finally-falls

Forecast flock figure finally falls

4+ day, 17+ hour ago  (277+ words) MLA reports processors are operating on a "negative margin" due to historically strong sheep prices and rising costs including interest rates. And sustained higher prices on the back of tightening supply could impact Australia's export competitiveness. Their analyst aggregation forecast…...

Mecardo
mecardo.com.au > beware-the-headlines

Beware the Headlines

1+ week, 1+ day ago  (421+ words) Whether or not the "new way" markets operate is here to stay or not, this week was a clear example of headline driven trade impacting the market. That sell-off proved short-lived. Late in the session, prices rebounded after Tehran flatly…...

Mecardo
mecardo.com.au > supply-and-pricing-lower-again

Supply and Pricing lower again

1+ week, 1+ day ago  (525+ words) The Eastern Market Indicator (EMI) fell for the second week in a row this week despite a week on week decline in supply. The EMI finished the week at 1724c which was 27c lower than last week. Bales offered fell from 42,278 last…...

Mecardo
mecardo.com.au > lighter-cattle-come-forward

Lighter cattle come forward

1+ week, 1+ day ago  (413+ words) Volatile rainfall across the country, the Middle East conflict driven energy shock and even a new trade deal for Australia are all factors that will look to impact the cattle market in the coming months. This week at least the…...

Mecardo
mecardo.com.au > lamb-and-mutton-supply-to-tighten-but-can-prices-rise

Lamb and mutton supply to tighten but can prices rise?

1+ week, 4+ day ago  (647+ words) The conflict in the Middle East has had minimal impact on local grain or livestock prices as of yet, especially sheep meat. Forward pricing for lambs has been released, further fortifying store lamb prices. As outlined a fortnight ago there…...

Mecardo
mecardo.com.au > herd-to-maintain-momentum-despite-record-production

Herd to maintain momentum despite record production

1+ week, 4+ day ago  (282+ words) " "Meat & Livestock Australia's cattle herd numbers for 2026 revised slightly lower but remain above 30 million. " Beef production and export forecasts for this year have been revised higher since September's outlook. " Stock turn-off ratio expected to increase this year and remain about…...

Mecardo
mecardo.com.au > crossbred-rws-premiums-and-volumes

Crossbred RWS premiums and volumes

2+ week, 4+ day ago  (468+ words) Crossbred prices have, in the past year, recovered a lot of the price lost in 2019-2023 in both Australian and US dollar terms. On top of these price rises, premiums for RWS accredited wool have also rebounded, which is what this…...

Mecardo
mecardo.com.au > energy-sector-surge-and-weather-market-continues

Energy sector surge and weather market continues

3+ week, 1+ day ago  (558+ words) The surge in the energy sector has also spilled over into alternative fuels, primarily corn ethanol and biodiesel. If the conflict drags on, pressure will likely mount to increase mandated blending rates to stretch petroleum supplies further. That would potentially…...

Mecardo
mecardo.com.au > rising-costs-a-risk-to-lamb-demand

rain, tight supply and economy impact on lamb demand

3+ week, 4+ day ago  (609+ words) The lamb and mutton markets are facing some potential challenges over the coming months, if the conflict in the Middle East continues." They are not the sort of conditions that will see price plummet overnight, but they could put a…...

Mecardo
mecardo.com.au > potential-for-wool-to-follow-synthetics-and-oil-higher

Potential for wool to follow synthetics higher?

3+ week, 4+ day ago  (406+ words) Synthetic fibres rely heavily (like most supply chains) on Oil, and the conflict in the Middle East presents a number of challenges for agricultural markets, here we take a look at the relationship of oil prices to merino wool and…...