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Tuesday, January 16, 2018

Is there value in shorn lambs?

By Angus Brown  |  Source: MLA, ACA

The last time we took a look at lamb trading margins was back at the start of November, and a lot changed since then. Our ‘best case’ sell prices for December was about 50¢ to cheap at the end of the month, and store lamb prices continued to rally. With lamb shearing in full swing in key supply areas, we thought it worth looking at what these might be worth in the coming months, and whether they are worth buying, or holding.

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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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