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Thursday, November 29, 2018

Have we seen the bottom?

By Angus Brown  |  Source: MLA, Mecardo

Being based at the late spring/early summer lamb capitals of Hamilton and Ballarat, the most often asked question we get at this time of year is “Have we seen the bottom?” or “Can it go any lower?”. Historical data can’t give a definitive answer, but it will give us a good idea of whether the market can find new lows, or if it’s all upside from here.

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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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