Non-mulesed premiums in Merino fleece
A common question regards what premiums for non-mulesed wool are present in the greasy wool market. In past articles, Mecardo has put the estimate of premiums to be in the range of 1% to 2%, with occasional direct contracts offering significantly higher premiums. This article takes a look at estimating average premiums for Merino combing […]
WASDE brings prices back into line
The latest United States Department of Agriculture (USDA) World Agricultural Supply and Demand Estimates (WASDE) brought the bull market to a halt last week. The USDA pegged production of the major cropping commodities higher, which gives us a very rough idea of where prices might head as we move forward. The May WASDE is always […]
