This week the Australian dollar (AUD) hit its highest rate against the US Dollar (USD) since May 2022, at 0.725¢, on the back of the
In March Mecardo looked at how RWS premiums for crossbred wool had revived from their low levels of 2023-24. Given the magnitude of the rise
The Eastern Market Indicator (EMI) fell relatively flat this week, up only 2¢ to 1897¢ after price rises for Crossbred wool and Sydney fine merino
Crossbred and then merino prices have staged strong recoveries during the past 18 months. In 2025 international trading patterns were thrown into uncertainty by US
The Eastern market indicator rose for the third week in a row, up 70¢ to 1895¢ after a large decrease in bales offered, down from
Mecardo last looked at the extent of rising price cycles in 2018, when prices were high for all qualities of wool. Given the rapid change
Prices have risen again after the Easter recess with the EMI up 39¢ to 1825¢. This price rises comes after an increased bale offering up
There is always some variation between flock size estimates, depending on the time of year the estimate is made, the quality of survey and the
Armed conflict around Iran and the consequent choking of freight from the Persian Gulf via the Strait Hormuz has driven oil prices to high levels.
The Eastern Market Indicator (EMI) fell for the second week in a row this week despite a week on week decline in supply. The EMI
The difference in price across merino micron categories in percentage terms is low at present, while reasonable in nominal cents per kg terms, less so
After a strong run, this week saw some correction in pricing across all sale centres, sending the EMI down 32¢ to 1751¢. For the second
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