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Showing 10 results of about 277 for 'sheep comments' :
  • SHEEP
  • NATIONAL

Friday, January 18, 2019

Victorian supplies keeping a lid on prices

There are still plenty of lambs coming for slaughter in Victoria, but NSW supply is waning. As such, lamb prices have been on the wane early in the year, and mutton has also been dragged lower. It seems the destocking of sheep isn’t over yet.

http://www.mecardo.com.au/commodities/sheep/market-comment/victorian-supplies-keeping-a-lid-on-prices.aspx
  • SHEEP
  • NATIONAL

Friday, December 14, 2018

How lamb price perspectives can change in a year

Perspective is a funny thing, especially when it comes to commodity prices. This time last year the Eastern States Trade Lamb Indicator (ESTLI) hit a new record high of 661¢/kg cwt and lamb producers went into Christmas a very happy bunch. This year the price is the same, but the mood is not as buoyant.

http://www.mecardo.com.au/commodities/sheep/market-comment/how-lamb-price-perspectives-can-change-in-a-year.aspx
  • SHEEP
  • NATIONAL

Friday, December 07, 2018

Flush nearing completion

Victorian lamb numbers continue to swell, hitting levels similar to last year’s peak and pushing East coast lamb numbers to levels not seen since January 2018. Sheep numbers at the sale yard have also rebounded over the last few weeks and the result has been softer lamb and mutton prices across the board.

http://www.mecardo.com.au/commodities/sheep/market-comment/flush-nearing-completion.aspx
  • SHEEP
  • NATIONAL

Friday, November 30, 2018

Mutton still dragging the chain

With some wild variation in lamb and sheep markets this year it is unusual to see a relatively steady week. But this is how it panned out this week, with relatively steady prices across the east coast indicators. However, delving deeper into state data hints at what may be to come.

http://www.mecardo.com.au/commodities/sheep/market-comment/mutton-still-dragging-the-chain.aspx
  • SHEEP
  • NATIONAL

Friday, November 23, 2018

Increased yardings, easing prices.

A rebound in lamb yarding levels along the East coast was noted this week as the sales program returns to normal post the Victorian Spring Carnival events. The increased supply is weighing on prices marginally, despite the support offered by some reasonable rain to the Eastern half of Victoria and NSW.

http://www.mecardo.com.au/commodities/sheep/market-comment/increased-yardings,-easing-prices.aspx
  • SHEEP
  • NATIONAL

Friday, November 16, 2018

Lamb finds a base to bounce off.

The lamb market seems to have found a level it was happy with this week. With supply disruptions due to the Melbourne Cup, it’s hard to get a gauge on supply, but it appears we might have seen the spring low.

http://www.mecardo.com.au/commodities/sheep/market-comment/lamb-finds-a-base-to-bounce-off.aspx
  • SHEEP
  • NATIONAL

Friday, November 09, 2018

East coast lamb yarding levels off like a rocket.

The spring flush is well underway now and the increased numbers at Victorian saleyards this week contributed to an extra 100,000 head of lamb exchanging hands. Although swelling yarding levels weren’t contained to Victoria this week with SA, NSW and WA all posting increased figures.

http://www.mecardo.com.au/commodities/sheep/market-comment/east-coast-lamb-yarding-levels-off-like-a-rocket.aspx
  • SHEEP
  • NATIONAL

Friday, November 02, 2018

Hold, Hold, Hold, Now!

Those familiar with the movie ‘Braveheart’ will recall the scene where Mel Gibson and co are facing a cavalry charge from the English Army. Mel said ‘Hold, hold, hold, now!” and the Scottish rebel impaled the English horses on spears and subsequently won the battle. It’s a weak analogy, but with Victorian lamb producers facing encroaching dry conditions, they have held, and held, and held, until this week they raised their spears, but were themselves impaled. Metaphorically, not literally.

http://www.mecardo.com.au/commodities/sheep/market-comment/hold,-hold,-hold,-now.aspx
  • SHEEP
  • NATIONAL

Friday, October 26, 2018

Where are the Victorian lambs?

Reduced lamb throughput across all states this week saw prices rise across the board for sheep and lamb markets. The Eastern States Trade Lamb Indicator (ESTLI) demonstrated the apparent supply shortage with a 51¢ gain to see it close yesterday at 788¢/kg cwt.

http://www.mecardo.com.au/commodities/sheep/market-comment/where-are-the-victorian-lambs.aspx
  • SHEEP
  • NATIONAL

Friday, October 19, 2018

Rising supply but demand is matching.

Sheep and lamb slaughter has been on the rise, but so have prices. Both lamb and mutton values rallied this week with significant rain falling just as processors seem to be increasing kills and looking for stock. The question is how much further prices can go?

http://www.mecardo.com.au/commodities/sheep/market-comment/rising-supply-but-demand-is-matching.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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