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Thursday, February 15, 2018

Are higher Chinese mutton prices giving our exports a boost?

By Matt Dalgleish  |  Source: DAWR, OECD, FAO, ACA

Department of Agriculture and Water Resources (DAWR) trade statistics for January show that monthly mutton flows to China are back near the peaks experienced during the demand surge during the 2013/14 seasons. Our analysis earlier this week on the mutton price forecast for 2018 indicated that Chinese demand is one of the key factors assisting mutton prices at the moment. This article takes a look at the historic relationship between trade flows to China for Australian mutton and producer prices in China and Australia.

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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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