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Tuesday, February 25, 2020

Lamb and mutton forecasts under increasing demand

By Matt Dalgleish  |  Source: MLA, IMF, BOM, DAWR, Mecardo

Last week we put some numbers around an Eastern States Trade Lamb Indicator (ESTLI) forecast for the 2020 season based on static demand levels. This week we update the ESTLI and National Mutton Indicator (NMI) forecast models to 2023 based on Meat & Livestock Australia’s sheep industry supply projections and account for increasing demand.

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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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