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Thursday, April 27, 2017

Sheep cheap – in 2020

By Angus Brown  |  Source: MLA, Auctionsplus, ABS.

Last week we had a look at Meat and Livestock Australia’s (MLA) sheep industry projections, and what they might mean for lamb markets. The results were reasonably bullish for prices. This week we put the ruler over the sheep projections, and again the results suggests sheep are going to be ‘expensive’ for a while yet.

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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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