Low Canadian canola plantings helps slow price falls
Oilseed markets have been battered in recent times by Indonesian palm oil export tax cuts, recessionary concerns and 8 EU countries seeking to reduce their biofuel blending mandates. However, a bright spot has emerged on the supply side, with Canada reporting a smaller planted area for the upcoming 2022/23 crop. Statistics Canada released new estimates […]
US export price continues support of Aussie market
As always, there has been plenty of focus on everyone’s favourite cattle indicator recently, as it lost more than 100¢/kg over the past month. The Eastern Young Cattle Indicator fell below $10/kg for the first time since September this week, due to a ramping up of supply (latest weekly figures has east coast yardings up […]
Gross sales value, price and volume for fine and broad merino
Following one from the article earlier this week about the gross sales value of crossbred wool, volume and price we look at comparable data for fine (16-18 micron) and broad (20-22 micron) merino wool. In May of 2021 Mecardo looked at fine and broad merino gross sales value, volume and price in annual terms, running […]
