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Tuesday, May 29, 2018

16 micron fleece basis to 18 MPG.

By Andrew Woods  |  Source: AWEX, ICS

As the greasy wool market rises to new heights and the prospect of increased fine merino wool supplies in the new season firm up as a consequence of dry seasonal conditions, some questions about the hedging prospects for wool on the very fine edge of merino production have been asked. This article takes a more detailed look at 16 micron basis to the 18 MPG for a range of staple length and strength combinations.

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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. 

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