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Mecardo Blog

Matt Dalgleish

Matt Dalgleish
Prior to joining Ag Concepts, Matt began his career in 1993 with ANZ Bank as a technical analyst for foreign currency and interest rate markets. Matt progressed onto the currency trading desk, both in Australia and London. In 2005 he left ANZ to pursue a career in teaching. Matt spent six years in the education sector initially teaching VCE Economics and then moving onto special needs education. From early childhood, Matt has always had an interest in the agricultural sector. In 2012, he decided to move his family to a hobby farm on the outskirts of Ballarat where he could pursue a more rural lifestyle. Most recently, Matt worked as a property manager for two local real estate firms in Ballarat. Matt holds a Bachelor’s degree in Economics and Finance from RMIT and a postgraduate degree in Education from Monash University.

Recent Posts

There and back again.

Posted by Matt Dalgleish on 8 December 2017

You could say that my journey to agriculture was a long one, full of many seemingly unrelated twists at turns. Although, it may surprise some (coming from a city born chap) that my earliest of work experiences came from an on-farm environment.

From that perspective I was “there” in agriculture at the beginning and now I’m “back again”.

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Topics: Agriculture

How do you reduce price volatility in wool?

Posted by Matt Dalgleish on 3 October 2016

This blog article takes a look at managing downside price risk exposure for a wool grower using forward contracts and minimum price contracts.

There are two predominant strategies to reduce the effect of price volatility when selling physical wool for a date in the future. These are by using a forward contract or using a minimum price contract (MPC).

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Topics: Wool market / wool price, Wool industry

How to use "one cancels other" wool orders.

Posted by Matt Dalgleish on 23 May 2016

The purpose of this blog is to explain more about using “one cancels other” or OCO orders on the Riemann wool forward market with a particular focus on the 19 and 21-micron contracts. As part of the blog we will also undertake analysis of the basis between 19 and 21-micron classes to outline the seasonal movement in this basis, including how/why the basis has narrowed over time. 

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Topics: Wool market / wool price, Wool industry

5 reasons why transparency is important in the cattle industry

Posted by Matt Dalgleish on 14 April 2016

The Australian Competition and Consumer Commission (ACCC) announced in early April of a market study into the cattle and beef industry to be undertaken this year. Issues covered by the study are wide ranging but a particular aspect of the investigation that caught our eye was the focus on greater transparency with regard to profits and margins along the beef supply chain.

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Topics: Australian cattle industry, beef price

How to tell if the market is about to change direction – Part three

Posted by Matt Dalgleish on 7 March 2016

This blog is the third instalment in a series on technical analysis/charting tools used to predict potential change in market trend. The purpose of these series of blog articles is to give our readers a more in depth background on a variety of technical analysis tools that can be used as a reference point for readers unfamiliar with charting.

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Topics: Risk management, markets, technical analysis, trading

How to tell if the market is about to change direction – Part two

Posted by Matt Dalgleish on 10 February 2016

In December 2015 we published a blog article on technical analysis/charting and more specifically the use of a relative strength index (RSI) as one of many technical tools used to predict potential change in market trend. The purpose of these series of blog articles is to give our readers a more in depth background on a variety of technical analysis tools that can be used as a reference point for readers unfamiliar with charting.

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Topics: Marketing, Bollinger bands, markets, commodities, technical analysis, trading

How to tell if the market is about to change direction

Posted by Matt Dalgleish on 22 December 2015

A recent Mecardo cattle analysis article titled “Are we in for a short-term EYCI correction?” outlined some common methods often used in technical analysis (also known as charting) when forecasting market price trends.

We always aim to deliver short, punchy market analysis and outlook articles. As such, there is often limited space to explain the actual techniques we use to analyse markets. We thought it may be useful to publish a series of more in-depth blogs on some of these technical analysis tools that describes their use in more detail for readers not familiar with charting.

The purpose of this blog is to give the reader a better understanding of the Relative Strength Index (RSI) and how it can be used, particularly when identifying situations where prices might be ready for a correction.

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Topics: General information, Market analysis