Market Comment
A week in wheat can be a long time
The past week has been notable for a return of volatility. Wheat markets jumped out of the blocks after the US Memorial Day holiday. CBOT
Nick Booth
June 4, 2021
The past week has been notable for a return of volatility. Wheat markets jumped out of the blocks after the US Memorial Day holiday. CBOT
Earlier this month, Pulse Australia and Austrade co-hosted a webinar with the Indian Pulse and Grain Association (IPGA) aimed at understanding supply and demand issues.
World wheat prices have continued to fall this week as new crop prospects improve. Good rain fell across the Northern US and Canada in the
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
You can have full premium access to all of our content with a monthly or annual subscription.
Alternatively, create a free account to access our Insights blog and two free premium article a month!
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