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Tuesday, May 07, 2019

Live sheep export phase out and its impact upon the East (Part 2)

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

Last week we demonstrated that the live sheep export trade underpinned sheep prices in West Australia, without which, the prices would be significantly discounted to the east. However, we also showed that when the price differential between the west and east coast was wide enough, sheep started getting shipped across the Nullarbor. This analysis models the impact on east coast mutton prices should large sheep numbers arrive from the west if the trade is phased out.

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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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