By Augusto Semmelroth | Source: ABS, Stats NZ, MLA, Beef+Lamb NZ, ACU
Beef + Lamb New Zealand (NZ) released their lamb supply forecasts for 2015/16 last week pegging NZ lamb slaughter to fall 7.4% from 2014/15 to 19.4 million head. With Australian lamb slaughter numbers also projected to decline in 2015/16, the combined reduction in lamb turnoff from both countries will create a supply void in the coming season. What will this mean for lamb prices going forward?
Mecardo will send you its latest market analysis outlook delivered to your Inbox as it's published. You will also receive one month Premium access for free.
You tell us what information you want to hear about, so you'll only be alerted to information that is relevant to you.Learn more about Mecardo Register
Want to see more ?
Go to Sheep data
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.