Percentiles – August 2021

Percentiles with a background image of hay bales

Mecardo’s Percentiles update for August 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. […]

A long term look at 30 micron

Shearing merino sheep

After a stellar run from 2011, when the massive cotton price cycle dragged apparel fibres upwards, through to 2019 crossbred wool prices (or more generally non-Merino wool prices) have plummeted. This article takes a long term view of the 30 micron price. There are several ways to look at price, such as simply in Australian […]

Taking stock of China’s hoarding

Grain tower

China takes its food security situation extremely seriously, and has accumulated vast volumes of key food and feed grains, now representing the largest strategic food reserves in the world. This accumulation has served to bolster world demand for grains for close to a decade. Over the last decade, China has been steadily stockpiling key foods, […]

Cattle slaughter on track for a 35 year low

cattle field

The Australian Bureau of Statistic’s (ABS) released it’s second-quarter cattle slaughter numbers, showing extreme tight supply in the first half of the year. While the Eastern Young Cattle Indicator (EYCI) hit yet another record this week, and it looks to keep on breaking more, we are going to have to see another reduction in slaughter […]