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Tuesday, September 26, 2017

Spring low

By Matt Dalgleish  |  Source: MLA, NLRS, ACA

High lamb slaughter levels during Winter is poised to provide some price support for the Eastern States Trade Lamb Indicator (ESTLI) as we head toward the Spring flush if Meat and Livestock Australia’s (MLA) annual slaughter estimates are to be proved correct. Our late August supply analysis covered the slaughter estimates and this piece follows up with some projections on the Spring low for the ESTLI this season if slaughter ends the year as MLA anticipate.

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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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