That’s a wrap for wool
The wool market ended the 2020 year on a softer note, with the increased supply pre-Christmas and a stronger Au$ weighing on the market. AWEX noted that the fine end of the clip found some support later in the week with the best results at sales end. The Eastern Market Indicator fell this week, giving […]
Death and Taxes – You can bet on it
After last week’s WASDE report trimming global wheat stocks, the market felt like it would take a breather. But where there’s smoke there’s fire and speculation around a Russian export duty sprang into life late last week. Russia will impose a US$30/t export tax as well as a monthly quota on cereals in an attempt […]
FAO world oilseed indicator strong in 2020
The FAO publishes a set of indices monthly that track the collective fortunes of the global oilseed complex and its derived products. The indexes cover oilseeds, feed oil meal, and vegetable oil markets, across the key crops grown across the world ranging from soybeans, rapeseed and sunseed to the more niche products in the complex […]
There’s a 7/10 chance of a price rise in January
As sales wind down for the year, the same question we get every year arises. Will prices be better in the New Year? Historically chances are the market will rise, but there is no guarantee the January demand spike will rear its head this year. Over the last 10 years, on average, higher lamb slaughter […]
Fine Merino premiums
Amongst the turmoil of 2020, and there has been plenty, one part of the greasy wool market has been having a good run – fine Merino premiums. This article takes a look at where these premiums are in relation to past cycles. In September Mecardo looked at the micron price curves for merino wool, showing […]
