Percentiles – February 2021

Percentiles with a background image of hay bales

Mecardo’s Percentiles update for February 2021. Click below to view the latest report Grains Oilseeds Sheep and lambs Cattle Wool Dairy Fuel Percentiles are an important tool for assisting in the decision-making process. They can provide an indication of the range in which prices have moved and how much time they have spent at varying levels. […]

Finding the sweet spot for lamb weights

Lamb pricing has shown plenty of resilience since tanking back in the spring. While we are not back at the giddy highs of last March, it’s safe to say lamb pricing is pretty solid and profitable for growers. Not all lamb prices are equal however, and here we look for the sweet spot in growing […]

Regional variations in clip preparation

A sheep being sheared

Earlier this week Mecardo looked at the typical breakup of clips of different breeds in Australia. Like all averages, the typical breakup of merino clips covers a range. This article looks at the breakup of merino clips across different geographical regions. Short of analysing individual clips, in order to ensure all the appropriate wool is […]

Mild moves in global S&D

The USDA published its February World Agriculture Supply & Demand Estimates this week and, following the large swings in January, this report seemed rather cautious. Analysts had bullish expectations for this WASDE, based on pre-report forecasts, however the changes were generally in-line or less bullish than projected. There were no major changes to US production […]