Percentiles with a background image of hay bales

Mecardo’s Percentiles update for April 2021.

Click below to view the latest report

Percentiles are an important tool for assisting in the decision-making process. They can provide an indication of the range in which prices have moved and how much time they have spent at varying levels.

A percentile is a measure of how often, historically, prices have fallen above or below a particular price level. It gives a brief snapshot of whether a market has more upside or downside and how large this may be.

For example, if a price is at its 67th percentile, this means that 67% of historical prices have been below that value and 33% of prices higher. Similarly, a 90% percentile means that 90% of the time, prices have been lower and higher just 10% of the time.

Have any questions or comments?

We love to hear from you!
Supermarket,Aisle,With,Empty,Red,Shopping,Cart.
Insights

Record global food prices

It won’t come as a surprise to readers that most agricultural commodities have increased in $ value both here in Australia and internationally over the

Read More »
Oil production
Insights

Have diesel prices peaked yet?

Agriculture and regional Australia are incredibly reliant on diesel fuel, so when Black Sea turmoil sends prices through the roof, it’s of concern to everyone.

Read More »

Don’t have an account with us? Join free.

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!

Independent analysis and outlook for wool, livestock and grain markets delivered to you as it’s published

Commodity conversations podcast cover image, a illustration of a sheep standing on a cow's back with grain either side
Listen to the podcast

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.

Photo of a farmer surrounded by Merino sheep in dusty yards
Research: Analysis of the Australian sheep flock

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. 

Image of harvested grain pouring into a chaser bin
SERVICES AND CAPABILITIES STATEMENT BROCHURE

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.