Wool market wavers on supply
Another large offering proved too much for the Merino market to handle without a loss this week. However, the market on balance remains higher than
Another large offering proved too much for the Merino market to handle without a loss this week. However, the market on balance remains higher than
South Africa is one of the main southern hemisphere merino exporters contributing to the merino supply available to the greasy wool supply chain. In this
A 50k bale offering greeted buyers to start the calendar year but the East Coast market absorbed the pressure of supply to end this week’s
Wool is a catchall term for a fibre that covers a wide range of qualities and uses. In this article, we look at the very
The penultimate wool sale of the year saw strong bidding across the board, as exporters “tucked in” to the large offering, while producers “rejoiced” at
RWS-accredited wool volumes continue to grow in the major greasy wool exporting countries, accounting for slightly over half of South African production, one-third of Uruguayan
The Reserve Bank’s decision to hold the cash rate was an early Christmas gift to many in Australia, but the wool market was an immediate
In the six months to October, the six-month median rainfall for Merino regions around Australia came in at a low 21st percentile, reflecting the very
The wool market has eased slightly this week after a fortnight of good price rises. In a tale of two sales, fine wool found support
The makeup or quality of the Australian wool clip varies through the season, and between seasons. The supply chain at times can turn up at
It has been a fortunate fortnight for the Merino wool industry as market indicators and pricing continue to improve. Demand has been resilient in the
In the same week that US President Joe Biden and Chinese President Xi Jinping met in San Francisco at the APEC summit, US and Chinese
Sign up to the mailing list to get regular updates to new analysis and market outlooks
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