A report on cashmere production in 2016 from G Schneider last week highlighted significant reductions in Chinese and Mongolian productions since 2010, in the order of 20%. In the light of this report Mecardo takes a look at the relationship between 16 micron wool prices and cashmere.
The signs were there with the length of time harvest was taking, and central storages filling up. ABARES released their most recent crop updates and it is up again. In this article, we look at the figures and whether the increased production has made up for lower pricing.
The release of the Livestock Farm Monitor Project (LFMP) for the 2015-16 financial year confirms that cattle producers have ‘never had it so good’. Increased prices saw a record gross margin per hectare achieved and it has put cattle at the top of the tree in terms of livestock operations.
A comparison of saleyard prices for lamb and mutton in cents per kilogram to the published over-the-hooks (OTH) prices shows at times there can be a significant difference in the two price series. This analysis looks at the recent patterns in price and spread between saleyard to OTH lamb and mutton and our associated blog article (soon to be released) ponders the reasons why discrepancies, particularly the extreme ones, may exist.
Many sheep and wool producers have completed the Lifetime Ewe Management (LTEM) course, which has greatly increased the knowledge of sheep growers. One of the often forgotten outcomes of the research for the course was the increase in wool production, and decrease in fibre diameter with better nutrition. Over the last four years this hasn’t really been a reason to feed, but here we take a look at the economics under cheap grain prices, high wool prices, and increased fine wool premiums.
A reader from South America has asked about the connection between crude oil and wool prices, if there is one. Crude oil is the source material for synthetic fibres which dominate the world fibres markets. This article takes a look at the correlation between oil, polyester staple and merino wool prices.
The vast amount of saleyard data the forms market indexes like the Eastern Young Cattle Indicator (EYCI) can be filtered and analysed in many different ways. It can be adjusted to reflect particular regions or saleyards, cattle types, buyer types, weight ranges and a host of other characteristics or a combination of characteristics. Recent North Queensland percentile analysis prompted a few NSW premium subscribers to ask us to delve into the underlying NSW saleyard data to highlight comparative movements of different filtered cattle types to the EYCI.
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