Aus red crop wheat pricing

Chicago

Both Local and international futures markets are available for producers to lock in a price for a portion of their wheat crop expected to be harvested in the 2022/23 season. While locking in a price reduces downside risk, it also limits upside risk, today, we look at some options. Historically speaking, Australian ASX wheat prices […]

Money for mutton defies supply

Sheep eating grass

Without wanting to sound like a broken record – how good’s the money for mutton? Fair enough, with new highs of $500 being set for first-cross empty replacements already this spring, the changeover rate still might look a little daunting, but if you are breeding your own – and you’ve got plenty on the ground […]

Barley pricing improved but still cheap for consumers

Barley field

It has been sixteen months since barley prices tanked thanks to export tariffs imposed by China. Over the past six months barley has crept higher, and while it still hasn’t regained all the ground lost in May 2020, barley is sitting at what is historically good pricing. The latest Australian Bureau of Agricultural and Resource […]

Apparel fibre prices

China city - Chongqing

As the greasy wool market steps its way gingerly through the southern spring markets it is time to check out what is happening in the wider apparel fibre complex from a price perspective. In May, when Mecardo last looked at apparel fibre prices, the conclusion was that the rebound in price from the low levels […]

Percentiles – September 2021

Percentiles with a background image of hay bales

Mecardo’s Percentiles update for September 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. […]