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Tuesday, December 13, 2016
Bullish lamb market to break above 750¢ in 2017.
By Matt Dalgleish | Source: MLA, NLRS, ACA
The Meat and Livestock Australia (MLA) Sheep Industry Projections 2017 released last week contained revisions to slaughter forecasts to the end of the decade, which shows lamb supply is expected to be tighter than previously anticipated, and has prompted an adjustment to the Mecardo Eastern States Trade Lamb Indicator (ESTLI) forecasts for 2017 and beyond.
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