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Thursday, November 30, 2017

Trade lamb price linked into world supply

By Andrew Woods  |  Source: ABARES, MLA, ABS, Eurostat, USDA, DEFRA, Statistics NZ, ICS

In March 2014 Mecardo looked at the relationship between Australian trade lamb price and Australian lamb production, or more to the point the relationship between year on year change in supply and price. This article extends the definition of supply and looks to the relationship of price to the extended supply.

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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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