Reassessing a ‘good’ price for mutton

Last week Mecardo looked at the mutton market, and how it related to the levels of last year. This week we take a deeper dive into pricing and long-term supply, and how we might have to reassess what is a ‘good’ mutton price. The anecdotal evidence suggests that mutton isn’t hard to move for exporters, […]

Benign May WASDE

Wheat plants _ image

It’s May and the new season World Agricultural Supply and Demand Estimates (WASDE) from the United States Department of Agriculture (USDA) is out. The WASDE is the most trusted document in terms of looking at the supply and demand of major commodities, and will often move markets if it significantly diverges from expectations. The May […]

The luxury goods complex

Flock of merino sheep close up

Fine wine is a luxury item with, it turns out, some quite good indicator series for the past couple of decades. In this article, we look at one of the fine wine indicator series in comparison to merino wool and cashmere prices. The London International Vintners Exchange (LIV-Ex) apart from facilitating trade in fine wool […]