Market Comment
Apparel slowdown weighs on wool market
It is now becoming clearer how the COVID-19 virus is impacting on the wool market. Bale clearance at auction is down with mills either not
Robert Herrmann
April 24, 2020
It is now becoming clearer how the COVID-19 virus is impacting on the wool market. Bale clearance at auction is down with mills either not
The Coronavirus has seen plenty of volatility hit all markets, and wool and livestock have not been immune. Wool has copped the brunt of the
A couple of weeks ago Mecardo looked at the seasonal flow of wool from the major southern hemisphere exporters in order to estimate the likely
Originally this week was scheduled as the Easter recess, however a decision was made to provide an additional selling opportunity for growers on the back
AWEX MPGs do a good job of tracking the main value part of the greasy wool market (the fleece lines between 16.5 and 32 micron)
Mecardo last looked at fibre prices in early February, concluding that uncertainty due to COVID-19 had a reasonable chance of leading to lower prices. This
With the supply chain which greasy wool supplies disrupted by delays to orders and payments, the effective demand for greasy wool has fallen quickly. The
The scale of COVID-19 and its economic repercussions are staggering. Nearly all sectors of society and the economy are struggling to come to terms with
After trending lower for 18 months, wool prices would normally start to look for reasons to stabilise. That appeared to be the case in late
Last week the Australian dollar dropped by over 4 cents in one day against the US dollar, a classic reaction to turbulent events around the
The greasy wool market fell heavily early in the season, reaching a low point at the end of August/beginning of September. While down cycles vary
Wool specifications reflect the seasonal conditions when it was growing in the sheep’s back. As a consequence, wool specifications are pushed backwards and forwards in
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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.
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