By Andrew Woods, ICS | Source: ABS, BOM, ICS
Earlier this week Mecardo looked at the latest sheep offtake in the Australian flock, in order to gauge farmer sentiment with regards to the flock size. This article looks at the drivers of sheep offtake. Or more correctly, it looks at some shorthand calculations for understanding changes in the offtake. From there, it looks at scenarios for the coming season, with their probabilities of occurring.
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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.