Crude oil and fibre prices
Energy prices have jumped this season with crude oil up in Australian dollar terms from $70 last season to $108 per barrel to February. Energy is a significant cost within manufacturing and provides raw material for manmade fibres, so we look at the relationship between oil, manmade fibres and the 21 MPG in this article. […]
Beef exports feeling effects of rebuild
Beef exports ramped up in line with the seasonal trend in February but remained well below last year’s levels. There were some interesting shifts in destinations, however, with competition for Aussie beef remaining very strong. Increasing slaughter rates in February fed into higher export volumes, with figure 1 showing total beef exports increasing 37%. Compared […]
Percentiles – March 2022
Mecardo’s Percentiles update for February 2022. 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. […]
