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Thursday, February 04, 2016

How will a wet autumn impact sheep?

By Angus Brown  |  Source: NLRS, BOM

The Bureau of Meteorology (BOM) have come out with one of their most positive rainfall forecasts in over a year, putting the odds of better than median rainfall at 60-75% across most of the east coast. We have seen four wetter than average autumns in the last six years, which gives a good template to look at how sheep and lamb prices might react to good rain.

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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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