Livestock prices to be impacted by very high production numbers
With a mountain of supply flooding the market coupled with drier conditions Rabobank suggests some farmers will be counting numbers in their sleep Local sheep, cattle and goat markets are being impacted by very high production numbers, compounded by already large volumes of meat in congested supply chains, according to agricultural analysts at Rabobank. For […]
Sheep producers faced with mixed fortunes
Analysts are picking continued support for sheep meat prices given the limited supply available but wool producers look likely to suffer a continued slide in returns. In a webinar exploring the sheep and wool outlook, Rabobank analyst Angus Gidley-Baird said sheepmeat prices – despite being much higher than expected early in the year – would […]