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Wednesday, September 03, 2014

WA livestock markets ease in August - monthly percentiles

By Augusto Semmelroth  |  Source: MLA's NLRS

After collapsing in the first two weeks of August, WA lamb markets rebounded somewhat over the next two weeks. Yet, recent gains have not managed to offset the substantial losses seen earlier in the month to see trade and heavy lambs falling from their 97-98th percentile levels to 86-87th. Cattle prices have also pulled back from July’s highs but remain firm in percentile terms.

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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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