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Thursday, November 05, 2015

Retail meat values no barrier to lamb market upside

By Angus Brown  |  Source: MLA

Rising cattle prices have forced retail beef prices higher, resulting in a record of $17.76/kg in September. Intuitively, we would expect rising beef prices at the retail level to add support for lamb values as consumers switch meats. This article takes a look at this theory, and assesses if we are in for a rally in lamb prices on the back of increased domestic demand.

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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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