Brought to you by AG Concepts

Tuesday, May 14, 2019

Asian appetite for mutton holds firm

By Matt Dalgleish  |  Source: MLA, IMF, BOM, DAWR, Mecardo

Department of Agriculture and Water Resources (DAWR) trade statistics for April were recently released, revealing that the above average flow of mutton product leaving Australia persists. Analysis of the key trade destinations highlights that Asian demand continues to underpin the total mutton consignments. This piece reviews the impact on mutton prices over the next few years if the Asian demand continues to grow in line with an expanding Chinese middle class.

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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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