Mutton closing in on a low

By Andrew Whitelaw
February 23 2019 - 7:30am
FIGURE 1: Australian sheep slaughter. If we take the projection for 2019 slaughter, of 8 million head, subtract estimated January slaughter and divide the rest by historical seasonality we get monthly slaughter as shown above.
FIGURE 1: Australian sheep slaughter. If we take the projection for 2019 slaughter, of 8 million head, subtract estimated January slaughter and divide the rest by historical seasonality we get monthly slaughter as shown above.

THE flock is expected to hit a new low by the end of June 2019.

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