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Tuesday, November 04, 2014

Lambs relatively firm despite strong supplies – SA percentiles

By Augusto Semmelroth  |  Source: MLA's NLRS

Despite the rapid surge in saleyard throughput and ongoing poor seasonal conditions, lamb markets held their ground relatively well in October. After tracking at a discount to trade lambs, light lambs moved to a premium to their heavier counterparts and are now the best quoted lambs in SA, in both absolute and percentile terms. Cattle markets fell markedly, particularly heavy steers and cows.

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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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