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Tuesday, February 05, 2019

Merino’s golden fleece supports spreads

By Matt Dalgleish  |  Source: MLA, NLRS, Mecardo

Merino lamb sale yard prices have begun the 2019 year in good shape compared with the Eastern States Trade Lamb Indicator (ESTLI) level, placing the Merino lamb spread to the ESTLI within most states well above normal levels that could be expected for this time in the season. However, Merino lamb categories aren’t the only types doing well – this analysis piece provides a snapshot of the sale yard spreads to the ESTLI across a range of lamb types as January comes to an end.

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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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