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Mecardo Blog

Time to bless the rains down in Africa!

Posted by Matt Dalgleish on 2 March 2018

Toto have been singing about it since 1982, but should livestock producers be paying more attention to Africa in the future, instead of India? 

The Australian livestock sector is perfectly located to take advantage of the growing population of middle class wealth expected to stem from Asia in the coming years. Indeed, there are more mouths to feed in the regions to our north west than there are in the rest of the world – Figure 1. Over 50% of the current world population reside in the shaded circle.

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Topics: India, beef market, dairy, corn, wheat, Export market, Sheepmeat market, markets

Livestock market transparency – possibility or pipe-dream?

Posted by Robert Herrmann on 24 November 2017

Debate currently rages about the provision of slaughter data by meatworks; the question processors raise is why should we provide it when it gives our export customers ammunition to reduce their price bids when supply and throughput is high?

Despite the obvious that when supply is low the boot would be on the other foot; that is processors could point to tight supply as a reason to increase meat prices, the question of “What is the value?” to the industry of greater transparency in publishing price or supply figures remains.

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Topics: Australian cattle industry, Sheep market, Sheepmeat market

WEBINAR: What will drive sheep and lamb prices?

Posted by Jenianne Hall on 23 July 2015

Lamb and sheep markets have weathered the dry conditions of the last two years well compared to cattle, but haven’t seen the surge in prices we’ve seen for cattle recently.  Strong prices and rainfall are likely to see a flock rebuild, which will weaken sheep supply. On the other hand, if recent joining trends continue, lamb supply is likely to remain steady or continue to grow.

So will this see prices face headwinds? What's the lamb market outlook? Importantly, what prices can we budget on for the coming years?

In this webinar, Meat & Livestock Australia (MLA) Manager Market Information, Ben Thomas, will outline MLA's sheepmeat industry projections for the next five years.  Mecardo's Angus Brown will then take a look at what these projections might mean for sheep and lamb prices down the track.

Attend free sheepmeat market outlook webinar

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Topics: Sheepmeat market, General Mecardo information, Sheep market, Lamb market / lamb price, Webinars

Sheep numbers down, down...market outlook up, up?

Posted by Robert Herrmann on 16 July 2015

Sheep meat demand has a rosy forecast, while wool is also showing optimism after a period of struggle. On the supply side, world sheep numbers from the major wool and meat producing countries since 1990 have fallen, with falls ranging from 67% in Uruguay to just 3% in South Africa.When looking at the market outlook for any commodity, but especially agricultural commodities; taking account of projected supply & demand and assessing price risk is a good starting point.

This then leaves the question of market risk.

"High prices correct high prices"

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Topics: Sheepmeat market, Wool market / wool price, Flock size

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