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Thursday, February 18, 2016

Heavily discounted merino lamb in WA - but not for long.

By Matt Dalgleish  |  Source: MLA, NLRS, ACU

Last week the Western Australian percentile analysis suggested there was room for a narrowing of the discount of restocker lambs to the Eastern States Trade Lamb Indicator (ESTLI). Indeed, over the week we have seen the discount move from 170¢ to 133¢ and is heading back toward a more normal range for this time of the year.

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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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