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Wednesday, February 12, 2014

Lamb supply forecasts make contracts look cheap

By Angus Brown

MLA’s projections released last week are forecasting lower lamb supply in 2014. This week, we’re looking at how the supply projections fit with the general feeling that lamb supply is going to tighten significantly over the next 4-5 months. We will also look at what this means for short term lamb prices, and the value of forward contracts released last week.

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