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Showing 10 results of about 336 for 'sheep comments' :
  • SHEEP
  • NATIONAL

Friday, March 27, 2020

December like yardings pressure markets

Lamb supply ramped up last week, and without supply data for this week, it looks like it might have been just as strong. Panic selling hit the market and sent prices back towards early February levels. The good news is that prices remain historically strong.

http://www.mecardo.com.au/commodities/sheep/market-comment/december-like-yardings-pressure-markets.aspx
  • SHEEP
  • NATIONAL

Friday, March 20, 2020

Ovines succumb to Covid19 concern

Early March saw an increase in throughput as sheep producers responded to record prices but in recent weeks levels have softened. No sign of processors looking to increase slaughter volumes though despite some anecdotal reports that supermarkets are keen to restock after a run on red meat. With the A$ collapse and concern over a Covid19 economic growth hit the uncertainty has filtered through to sheep and lamb prices.

http://www.mecardo.com.au/commodities/sheep/market-comment/ovines-succumb-to-covid19-concern.aspx
  • SHEEP
  • NATIONAL

Friday, March 13, 2020

Crisis? No crisis here

Oil is crashing, the stockmarket is crashing, the Aussie dollar is lower, there is a massive spend on stimulus, the whole country could go in to lockdown, but what about sheepmeat? Well, people have to eat.

http://www.mecardo.com.au/commodities/sheep/market-comment/crisis-no-crisis-here.aspx
  • SHEEP
  • NATIONAL

Friday, March 06, 2020

Throughput collapses as ESTLI makes a record high

Sheep and lamb yardings have dipped to levels more consistent with the mid-winter lull in supply in response to 50-100 mm rainfall across much of western NSW and central Victoria this week. Slaughter levels remain in the doldrum too with the tight supply continuing to provide price support.

http://www.mecardo.com.au/commodities/sheep/market-comment/throughput-collapses-as-estli-makes-a-record-high.aspx
  • SHEEP
  • NATIONAL

Friday, February 28, 2020

$7 Mutton no wonder there are ‘meat free meat pies’

Mutton prices broke through 700¢ on the east coast this week, an extraordinary price given the only place you find it in Australia is in some meat pies. It’s a funny coincidence that this week the announcement came of the impending ‘meat free pie’ launch.

http://www.mecardo.com.au/commodities/sheep/market-comment/7-dollar-mutton-no-wonder-there-are-meat-free-meat-pies.aspx
  • SHEEP
  • NATIONAL

Friday, February 21, 2020

Supply screws continue to tighten

Weekly yarding levels continue to contract and processors are responding to higher lamb and sheep prices with reduced slaughter volumes. High prices this early in the season are putting meatworks on notice that the seasonal winter peaks in lamb and sheep prices could reach historic records but the autumn break in the southern regions needs to be in a cooperative mood.

http://www.mecardo.com.au/commodities/sheep/market-comment/supply-screws-continue-to-tighten.aspx
  • SHEEP
  • NATIONAL

Friday, February 14, 2020

Restocker demand booms

Sheep and lamb markets continued to boom this week, with supply tight and demand apparently remaining strong. There is serious support from restockers, who appear to be driving the rise, as grass grows and mouths are sought.

http://www.mecardo.com.au/commodities/sheep/market-comment/restocker-demand-booms-feb-2020.aspx
  • SHEEP
  • NATIONAL

Friday, February 07, 2020

Tight times for ovines

The last fortnight in January saw both yarding and slaughter levels post a significant retracement for lamb and sheep markets across the east coast with the tight supply keeping prices well supported.

http://www.mecardo.com.au/commodities/sheep/market-comment/tight-times-for-ovines.aspx
  • SHEEP
  • NATIONAL

Friday, January 31, 2020

Supply falling and demand strengthening

A quick glance at Meat and Livestock Australia’s (MLA) weekly slaughter data suggested both sheep and lamb were following the normal trend. This was not the case however, with the data lagged a week it was a case of supply tightening before the public holiday induced decline.

http://www.mecardo.com.au/commodities/sheep/market-comment/supply-falling-and-demand-strengthening.aspx
  • SHEEP
  • NATIONAL

Friday, January 24, 2020

Rain and low supply provide a welcome boost

Welcome rain across the eastern seaboard this week provided a jolt to lamb prices with most NLRS reported categories posting solid gains of between 20-60¢/kg on a cwt basis. The expected lower supply of lamb for the 2020 season already making a presence in lower weekly slaughter volumes and adding further support to lamb prices.

http://www.mecardo.com.au/commodities/sheep/market-comment/rain-and-low-supply-provide-a-welcome-boost.aspx

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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