Market Comment
A week in wheat
As the brilliant Dennis Cometti used to say ‘a week can be a long time in sport’, and so too it is in the wheat
Nick Booth
November 5, 2021
Menu
As the brilliant Dennis Cometti used to say ‘a week can be a long time in sport’, and so too it is in the wheat
There is added emphasis in the condition of next seasons Northern Hemisphere crops. This is not entirely unexpected given the tight balance sheets held by
There is plenty of volatility in international grain markets at the moment, but this is not unusual when prices are at historically high levels. Locally
This week the market has been focused on the demand side of the equation. Some robust sales into China have been the catalyst for a
Fertiliser has joined the list of commodities like cattle, canola and mutton that have a record high price tag attached this year. For urea, prices
Mecardo’s Percentiles update for October 2021. Click below to view the latest report Grains Oilseeds Sheep and lambs Cattle Wool Dairy Fuel Percentiles are an important
This week the USDA released their October WASDE report with numbers largely in line with expectations. The word pre-release was to expect higher corn and
Australia is on track to produce the second highest wheat crop on record, on the back of the highest wheat crop on record. You would
Both Australian, and international canola prices are currently at unpreceded levels for the new crop season due to strong global demand, high oil prices in
Last night, the USDA released their long anticipated quarterly stocks report. Most of the action has been in the corn and wheat pits this week
Both Local and international futures markets are available for producers to lock in a price for a portion of their wheat crop expected to be
It has been sixteen months since barley prices tanked thanks to export tariffs imposed by China. Over the past six months barley has crept higher,
Sign up to the mailing list to get regular updates to new analysis and market outlooks
Join the Mecardo team for the Commodity Conversations podcast, where we provide short weekly market recaps and longer conversations with guests to discuss the drivers and trends in livestock, grain and fibre markets.
In this report for LiveCorp and MLA, we analysed the historical trends in the demographics of the Australian sheep flock, examining domestic factors that influence farm-level enterprise decision making.
We don’t just bring you the most up to date market insights. Find out more about Mecardo’s services including risk management advisory, modelling, benchmarking, research & consultancy.
© 2020 Mecardo | All rights reserved | Website Design by Tech Studio
