Aussie Cows could help make COVID-19 Vaccine

Coproducts are an area we rarely talk about on Mecardo, but given the current state of the world, we thought we’d take a look at the role the cattle industry has played in medical research and vaccine production since the 1960’s through supply of extremely high value, safe and pure bovine foetal blood products. There’s […]

Combing carding basis

Back in 2015 Mecardo looked at the difference between the 21 MPG and the Merino Cardings indicator (combing to carding basis) as a measure of price risk, with the conclusion that the narrow basis pointed to some upside for the combing indicator price. This article returns to this perspective on the greasy wool market. Carding […]

WASDE supports corn and soybeans

The September World Agricultural Supply and Demand Estimates (WASDE) from the United States Department of Agriculture (USDA) was much anticipated. There was plenty of conjecture as to how the USDA would alter corn estimates, given recent weather issues with the crop, with forecasts coming in around pre-report estimates. Global grain markets keep a close eye […]

Sheep sales directed online

A statistic posted by AuctionsPlus caught the eye this week, in terms of sheep throughput. Their current record for the volume of sheep offered on the online auction platform for a single week is 125,000. However AuctionsPlus will offer 23,000 sheep in today’s auctions alone, coming close to their weekly record in a single day. […]