Merino fleece micron premiums & discounts
With the weakening in merino wool prices since May/June it is timely to look at the price relativities of the merino micron categories, as it is easy and common to anchor expectations on recent price levels even though these price levels might be extraordinary. Wool prices in general follow the cycles and paths of the […]
Chicken prices flying higher
The ‘mainstream media’ jumped on the rising inflation story from Consumer Price Index (CPI) data released last week. Farmers are interested in the CPI, as it impacts interest rates, but we need to delve deeper into the market for the potential impact on livestock markets. The headline CPI number was 1.8% for the quarter, taking […]