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Thursday, July 11, 2013

Sheep sales soar – but what are farmer’s intentions?

By Andrew Woods  |  Source: ABS, MLA, Australian Wool Production Forecasting Committee (AWPFC)

Sales of adult sheep have jumped this season by levels not seen since 1975. At the same time, rainfall during the spring across sheep producing regions was the lowest since 2006. Does this means that the Australian sheep flock is shrinking again, which is the normal reaction to dry times?

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