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Thursday, January 23, 2014

Is there upside for sheep prices?

By Angus Brown  |  Source: MLA's NLRS, ABS

After a year of strong sheep supply and weaker prices, we would expect prices to rally in 2014 as supply wanes. Today we try and quantify what sort of upside potential exists, and what the risks are of holding sheep in anticipation of higher prices.

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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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