Lack of demand depressing mutton
A couple of weeks ago we had a look at lamb slaughter, while only touching briefly on the sheep side of the market. Sheep sale prices are very important to most sheep and wool operations, so it’s worth a deeper dive into the market. While the mutton market has shrunk with the flock, and lambs […]
Merino in the middle of apparel fibre pack
As previous Mecardo articles have noted, greasy wool prices tend to follow the same general cycles and patterns of the bigger apparel fibre markets, responding to common economic factors. What does vary are the relative prices for different categories of greasy wool, often from a change in supply and occasionally from a change in demand. […]