Brought to you by AG Concepts

Friday, February 21, 2014

Lambs continued to edge higher albeit at a slower pace

By Augusto Semmelroth  |  Source: MLA's NLRS

A 10% cut in lamb saleyard throughput helped lamb prices move another leg higher this week. The ESTLI peaked on Wednesday at just 4¢ below the 2-year high, before easing 1¢ on Friday to 513¢/kg cwt. NSW and Victorian trade lambs continue to lead the way. In the west, trade lambs rallied 30¢ week-on-week to a 7-month high of 490¢/kg cwt.


New to Mecardo?

With Mecardo, there's no need for you to sift through huge amounts of market data and information to find what's useful and relevant to you.

Mecardo analyses what’s important, delivers what is relevant, and answers the ‘What does it mean?’ for you.


Click the orange 'Register' button to try Mecardo free for 30 days.

After the 30 days, subscriptions are A$27.50 per month or A$297 per year (including GST).  Of course, you may cancel at any time within the 30 days and incur no cost.

Learn more about Mecardo Register

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 Unlimited 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. Ag Concepts Unlimited holds an Australian Financial Services License (AFSL No. 316516)