Mecardo’s Percentiles update for May 2021. Click below to view the latest report Grains Oilseeds Sheep and lambs Cattle Wool Dairy Fuel Percentiles are an important
The release of the USDA’s WASDE report last week has fuelled something of a spectacular price reversal. Corn futures fell 14% from the week preceding,
The latest United States Department of Agriculture (USDA) World Agricultural Supply and Demand Estimates (WASDE) brought the bull market to a halt last week. The
In light of the latest reasonably bearish WASDE report, the ag commodities have had a sharp correction. The start of the so-called ‘big data week’
The first new crop estimates for the 2021/22 season have been published in the USDA’s May World Agriculture Supply & Demand Estimates (WASDE) report. Of
In the not so distant past, grain trading houses put huge emphasis on crop condition analytics, reports from ‘boots on the ground’ and anything else
Last week Mecardo looked at global oilseed markets and the rapid rise being seen in spot markets both internationally and locally. Those still holding old
May we live in interesting times – to paraphrase an ancient Chinese curse – seems particularly apt in commodity markets right now. The very strong
Canola prices have skyrocketed in the past month, both in Canada, and Europe. These elevated prices have also flowed through to domestic bids in the
It is not uncommon at this time of year, that the commodity market starts to focus on (northern hemisphere) weather. We generally see this a
The price point everyone loves to follow has kept its upwards glide this week, reaching a record high 910¢/kg. The Eastern Young Cattle Indicator surpassed
Low old crop stocks and uncertainty surrounding the potential of new season global wheat and corn stocks have seen hikes in international wheat futures over
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