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Tuesday, February 28, 2017

What was wrong with Merino Enterprises?

By Angus Brown  |  Source: LFMP

A couple of weeks ago we used some benchmarking data from Agriculture Victoria’s Livestock Farm Monitor Project (LFMP) to look at the record profitability of Cattle Enterprises in 2015-16. When comparing to other enterprises there was a significant difference between the gross margins of lamb and wool enterprises. Today we take a deeper look at the data to find out why, and whether increased wool prices will narrow the difference.

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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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