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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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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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