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Tuesday, March 19, 2013

Where are mutton prices headed?

By Andrew Woods  |  Source: ABS, MLA

A 38% increase in sales of sheep off-farm this season has been a key driver behind a dramatic fall in Australian mutton prices. Since mid-2012, the national mutton price has fallen 70%, reaching a low 118 ¢/kg cwt on in January 2013. What will an autumn break mean for sheep supply and mutton prices?

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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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