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Thursday, April 09, 2015

NSW merino lambs and sheep cheap – March percentiles

By Augusto Semmelroth  |  Source: MLA's NLRS

After the mild price correction seen in livestock markets in NSW in February, cattle and lamb prices have somewhat stabilised over the last five weeks. The clear exceptions to rule were merino lambs and mutton, for which prices eased substantially in March. In percentile terms, they look like a hold or a buy as improving seasonal conditions should put them back in line with the other states.

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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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