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Mecardo Blog

Social Licence – it’s a rubbish concept!

Posted by Robert Herrmann on 19 July 2019

“Canberra bubble” has been coined the word of the year by the Australian National Dictionary Centre. Mecardo suggests that the equivalent in 2018 for agriculture is “Social Licence”.

Both are somewhat vague in meaning, although they are regularly trotted out by commentators and the plethora of industry opinionated columnists. We have noticed that “social licence” is now pushed to farmers and other agriculture industry participants as something to be “earned”.

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Topics: Australian wool industry, Australian cattle industry, Agriculture, activists

What to look out for in 2019 - Wool

Posted by Robert Herrmann on 11 January 2019

In this series of blog articles, we’re taking a look back at the year that was for agricultural commodities and provide our insight for the year ahead.

This installment highlights 2018’s key movements in the wool market and what to keep your eye on in 2019.

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Topics: Australian wool industry, agricultural industry

How do wool minimum price contracts work?

Posted by Matt Dalgleish on 17 October 2018

Markets can be volatile, however there are a number of tools which are available to reduce the risk of adverse price movements. 

There are two predominant strategies to reduce the effect of price volatility when selling wool. These are by using a forward contract or using a minimum price contract (MPC). In this article we examine the MPC, and how it can be used by producers.

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Topics: Risk management, Wool market / wool price, Australian wool industry

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