Ultrafine wool update
It is a year since Mecardo last looked at the very fine edge of the merino micron distribution in terms of price and volume. Quite a lot has changed in the greasy wool market since mid-2025, and no doubt it will continue to change, so it seems timely for an update on ultrafine wool. While […]
Could this be peak steer supply?
The end of March seems a lifetime ago given what has gone down in cattle markets since. But it is the end of March slaughter and beef production data which was dropped recently. Despite being out of date, and market drivers having left it behind, it’s still worth analysing. There are some good headline numbers […]
Wheat upside reliant on northern hemisphere
International wheat markets continue to bounce around, looking for a level as the northern hemisphere harvest approaches. Locally price spreads have ballooned, but then it rained. Here we compare prices in different markets. Some good old-fashioned volatility has returned to US wheat markets in recent months. There are plenty of fundamentals in play as we […]