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Thursday, March 27, 2014

Mutton markets to recover further in absolute and relative terms

By Augusto Semmelroth  |  Source: MLA's NLRS, ABS, ABARES, ACU

Although sheep supply is invariably one of main drivers of mutton prices, mutton markets are reasonably pegged to other livestock markets, particularly lambs. Understanding the seasonality of sheep supply in comparison to lambs and cattle help us to understand its respective discount pattern to those other livestock categories. For now, mutton seems adequately discounted to lambs but expensive in relation to cattle.

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