Market Comment
Little change to report
AWEX reported that on the first day of selling the market saw MPG’s ease by between 1 & 44 cents, however on the final day
Robert Herrmann
December 4, 2020
AWEX reported that on the first day of selling the market saw MPG’s ease by between 1 & 44 cents, however on the final day
With the Merino market relatively steady in recent weeks, this section of the greasy wool market looks to be consolidating the gains made since recovering
A Mecardo reader has asked about the volume of 18 micron wool production and at what level does the market for this wool reach saturation
In contrast with recent weeks the wool market this week was remarkably steady. AWEX reported that over the previous ten selling days the market fluctuated
A comment from a journalist this week has prompted this article. The comment in the form of a question asked why wool prices were so
Australia produces about three quarters of the world Merino clip and combined with geographical isolation it is easy to overlook wool production in other countries.
Buyers became more selective with high VM wool and poorly prepared crossbred lots noted over the week as the most effected in a softer market.
Mecardo’s Percentiles update for November 2020. Click below to view the latest report Grains Oilseeds Sheep and lambs Cattle Wool Dairy Fuel Percentiles are an important
Following on from the article earlier this week which looked at price volatility for greasy wool prices, this article compares Merino price volatility to other
Price volatility has been on show in the wool market in recent months with sharp price movements from day to day which are even catching
Erratic was the word used by AWEX to describe the wool market this week. In a mirror image of last week, the market opened weaker
Broad crossbred prices are reported to have picked up since early September in New Zealand so it seems like a good time to revisit prices
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