Cotton prices down – what does it mean for wool?
Cotton prices are down 30-35%, depending on how prices are measured, on the high levels seen in May. How does this relate to broader merino wool prices? Mecardo recently looked at cotton price levels and wool to cotton prices ratios in May (view here), with cotton outperforming most apparel fibres in their recovery from the […]
Breeders and cows resilient to price decline
Just when cattle looked like they were getting into the ‘buy’ realms, prices bounced last week. Not all prices bounced however, with the Eastern Young Cattle Indicator (EYCI) rise not all being translated into slaughter categories. Today we are looking for value in the breeder market. When markets are moving in a hurry, either up […]
