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Thursday, March 03, 2016

Are sheep cheap compared to cattle?

By Matt Dalgleish  |  Source: MLA, NLRS

A subscriber request to investigate the basis between lamb and cattle prices was the catalyst for this analysis piece. The Eastern Young Cattle Indicator (EYCI) moved to a premium over the Eastern States Trade Lamb Indicator (ESTLI) during September 2015 and has averaged an 11% premium since then, but how long will it last?

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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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