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Thursday, June 08, 2017

Are the forward lamb contracts offering value?

By Angus Brown  |  Source: NRLS, TFI

This week we saw the first lamb processor putting out forward prices for sucker lambs for late winter and early spring delivery. Prices are similar to current levels, which they probably need to be, but it’s interesting to take a look at some historical pricing trends and the probabilities of these contracts being cheap, or expensive come August and September.

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