The merino wool market has gone from strength to strength in 2017. The key indicators produced for the market reflect combing (longer staple) wool prices. Underneath the indicators the real star of the greasy wool market has been carding type prices, which have extended a nearly two decade old rising trend in price. This article takes a closer look at longer term prices for various carding categories.
We have been hearing for years that growth in the Chinese middle class is going to impact demand for Australian farm commodities. In the last three months we have been discussing the higher lamb and mutton prices this year, in the face of similar supply. Export data from the last three months gives some insight into where the demand is coming from, and how the increase in Chinese demand might be becoming a reality.
When marketing our wheat, it is important to always be considering the horizon. The market provides opportunities, at times they will be close, at others they will be distant. In this article, we take a look at the futures market, and examine the opportunity to hedge our wheat.
Last week we looked at some long term trends in lamb and sheep trading enterprises. We identified that lamb trading margins were more reliable, but merino wether trading had the potential to offer very good margins, or on the rare occasion, losses. Price seasonality has a strong impact on trading margins so this week we delve deeper into the data looking for the best buy and sell months.
Mecardo looked at crossbred prices in August, after the big unseasonal price rise. With crossbred prices slumping after August and exporters reporting weak demand, it is timely to have another look at the crossbred market.
It will come as no surprise that retail lamb prices follow the saleyard and with lamb prices holding their ground into Spring this piece takes a look at what that may mean for the end consumer into the coming season.
After a woeful couple of months in Australian cropping areas since the September ABARES crop update, and with the country well in the throes of harvest, the December update has been released. At this time of year, the update should have a higher level of accuracy than previous reports. In this update, we delve into the numbers and see what they expect from the Australian crop. Is this report bearish or bullish, or unsurprising?
The prospect of a burgeoning demand for Australian cattle into China is something often mentioned within the cattle industry and media, fuelled most recently by the reduction in tariffs for live cattle. There is no doubt that the Chinese trade in our beef is important, and is likely to continue to become increasingly important with an expected surge in the live trade anticipated in the coming years. This piece provides a snapshot of where the current situation sits for the live trade into China.
Our subscribers choose us because we don’t just report the market news – we explain what’s driving the market, we help them understand what’s important, and what it means for them.
We filter what's important from the 'noise'
Cattle, sheep, wool and grain markets – all in the one place
In-depth market analysis – key market drivers, outlook and trading strategies
Independent and trusted specialists – more than 30 years’ experience
Short articles communicated simply– saving you time
Email alerts to new information – tailored to your interests
Mecardo information is provided to assist in your marketing decisions. It contains a range of data and views on the current market. It is not intended to constitute advice for a specific purpose. Before taking any action in relation to information contained within this report, you should seek advice from a qualified professional. The information is obtained from a variety of sources and neither Mecardo nor Ag Concepts Advisory will be held liable for any loss or damage whatsoever that may arise from the use of information or for any error or mis-statement contained in this report.
Sign up for a FREE BASIC SUBSCRIPTION now to read this article.
Mecardo will send you its latest market analysis outlook delivered to your Inbox as it's published. You will also receive one month Premium access for free.
You tell us what information you want to hear about, so you'll only be alerted to information that is relevant to you.