Fine Merino premiums increase on lower supply
Merino prices are down some 40% on year-ago levels, dragged lower by a general downturn in apparel fibre prices to which a pandemic based economic downturn has been added. However not all micron categories are equal. This article looks at changes in the micron premiums and discounts for the Merino categories. Supply heavily influences the […]
Trimming a bit more off sheep and lamb supply
Meat & Livestock Australia’s (MLA) industry projections were released this week, and there was no improvement to supply outlooks. In fact, slaughter rates and flock numbers that have come to light so far this year, will see supply stripped back further for the next couple of years. The National Sheep flock was already forecast to […]
