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Tuesday, March 20, 2018

Slide in store lamb prices screaming opportunity.

By Angus Brown  |  Source: MLA, Auctionsplus, Mecardo

The easing lamb prices we have seen since Christmas haven’t just affected finished lamb prices. By some measures, store or restocker lambs have seen even more of a decline. This week we take a look at current store lamb prices, in conjunction with forward contracts, and assess whether there is money in trading.

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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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