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Tuesday, May 01, 2018

Should we put all our sheep eggs in one basket?

By Angus Brown  |  Source: MLA, AWEX, Mecardo

We had a query last week on the correlation of wool and sheepmeat prices. The gist of the question was whether it is possible to diversify a business by having wool producing Merino sheep, and also producing lambs for meat production. Here we attempt to put some numbers around sheep diversification.

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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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