What can go right or wrong for lamb?

By Angus Brown
Updated January 21 2019 - 9:31am, first published 8:30am
Figure one - Eastern States Trade Lamb Indicator: Early 2017 saw the opposite January trend to 2018. A jump higher followed the Christmas low, with higher prices maintained through the rest of the financial year.
Figure one - Eastern States Trade Lamb Indicator: Early 2017 saw the opposite January trend to 2018. A jump higher followed the Christmas low, with higher prices maintained through the rest of the financial year.

LAMB markets have opened relatively steady and at similar levels to this time last year. In early 2018 however, the market was hitting a peak, while it is currently close to a financial year low. The general outlook is for stronger prices over coming months, but there are arguments for both upside and downside.

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