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Thursday, October 30, 2014

Lack of rainfall driving strong supply

By Angus Brown  |  Source: NLRS, AWEX, BOM

It’s no secret that Australian lamb supply has been strong for much of the past year. However, saleyard supplies have only broken above the five-year average in the last six weeks. How supply tracks from here will depend on rainfall across large parts of NSW and Victoria, and how this will obviously dictate prices.

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