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Friday, March 07, 2014

Export market still coping well with higher lamb prices

By Augusto Semmelroth  |  Source: ABS, MLA

Despite a 19% increase in the average trade lamb price, export markets have not yet shown any significant signs of weakening demand. Total lamb shipments in February were 14% higher month-on-month, at 19,229 tonnes swt. This is 9% above year ago levels, when lamb prices were 32.5% lower.

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