Market Comment
Positive news all round
One quick way to check on the wool market is to look at the pass-in rate. This week it was 2.7% nationally; the last time
Robert Herrmann
September 25, 2020
One quick way to check on the wool market is to look at the pass-in rate. This week it was 2.7% nationally; the last time
Earlier this week Mecardo showed how staple strength was having little effect on the price of merino fleece, discounts and premiums are minimal even for
Feedback indicates demand in the greasy wool market is skewed to Merino knitwear types, with much reduced demand for worsted (longer) Merino wool as Chinese
Last week the reduced offering was noted as a contributor to the turnaround in the wool market, however this week a 5.3% EMI rise was
Traditionally, fibre diameter is seen as of more importance to combing (longer) length wool. Micron premiums and discounts vary in response to changes in supply
Mecardo’s Percentiles update for September 2020. Click below to view the latest report Grains and oilseeds Sheep and lambs Cattle Wool Dairy Fuel Percentiles are
Back in 2015 Mecardo looked at the difference between the 21 MPG and the Merino Cardings indicator (combing to carding basis) as a measure of
The reduced offering this week triggered spirited bidding when sales in Sydney & Melbourne opened on Tuesday, with individual fleece MPG’s rising 27 to 53
With articles in the press about growers holding greasy stock for the medium term and brokers fielding enquiries from farmers about buying greasy wool, it
In March Mecardo looked at a merino price series over the past century, investigating when the largest down cycles (peak to trough) occurred. At the
On an increased offering, the market again failed to hold prices at the previous weeks levels. Price fell while the AUD, the bales offered and
Demand, or lack of it, remains the key focus of the greasy wool market which is trading in the toughest conditions of a generation, since
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 issues affecting the agricultural industry.
In this report for LiveCorp and MLA, we consulted with stakeholders in the sheep supply chain to identify the impact of the moratorium on the live sheep export trade.
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