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Mecardo Blog

India beef exports hit for six

Posted by Robert Herrmann on 3 June 2017

The announcement by Prime Minister Modi of a ban on the “sale of any bovine animals for slaughter” has caught analysts of guard, with some early reports filtering through that this is not a major event on the world beef stage; we are not so sure.

It is pretty clear from reading the government decree that failing any backflip by the government, this will impact the slaughter of cows, buffalo and even camels.  

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Topics: Australian cattle industry, beef market, India

As the EYCI advances are restockers getting grass fever?

Posted by Robert Herrmann on 5 July 2016

The EYCI has hit an all-time high of 660.50 cents per kg cwt; this brings to the fore the question of where is the top of the cattle market? Has the market peaked? The old adage of “it takes high prices to fix high prices” starts to resonate.

We have also been around long enough to see frenzied bidding when conditions are good and grass is abundant – grass fever!

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Topics: Australian cattle industry, beef market

5 reasons why transparency is important in the cattle industry

Posted by Matt Dalgleish on 14 April 2016

The Australian Competition and Consumer Commission (ACCC) announced in early April of a market study into the cattle and beef industry to be undertaken this year. Issues covered by the study are wide ranging but a particular aspect of the investigation that caught our eye was the focus on greater transparency with regard to profits and margins along the beef supply chain.

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Topics: Australian cattle industry, beef price

Record female cattle slaughter to be felt for years to come

Posted by Robert Herrmann on 26 October 2015

“If the current rate of female cattle slaughter is maintained, there will be no cattle left in seven years’ time.” 

Alarming? Definitely.  Realistic?  Probably not.  But in saying this, Mecardo analyst Angus Brown was highlighting the point that the female cattle slaughter, at its current levels, cannot be sustained without significant impact.

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Topics: Australian cattle industry

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