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Thursday, September 22, 2016

Grass fever taking shine off Merino Lamb trade

By Angus Brown  |  Source: MLA, NLRS, ACA

With most of the east coast in the midst of a very wet spring, many are looking for stock to make use of the grass which is growing, and will be grown over the rest of the year. Back in April Mecardo outlined the opportunity for buying Merino wether lambs in the spring for shearing and growing out. Given the big Hay sales are on in coming weeks, it’s a good time to revisit this trade and assess the value.

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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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