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Friday, April 25, 2014

Lamb supply and prices – short term outlook

By Augusto Semmelroth  |  Source: ABS, ABARES, MLA, ACU

While industry forecasts have pegged lamb slaughter to fall 1% to 20.9 million head in the 2013/14 financial year, slaughter rates are still tracking around 5% above 2012/13 levels. Either forecasts have underestimated lamb slaughter considerably or a major supply squeeze is on its way. This article looks at possible supply and price scenarios for lambs in the short term.

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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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