Lamb and sheep markets have weathered the dry conditions of the last two years well compared to cattle, but haven’t seen the surge in prices we’ve seen for cattle recently. Strong prices and rainfall are likely to see a flock rebuild, which will weaken sheep supply. On the other hand, if recent joining trends continue, lamb supply is likely to remain steady or continue to grow.
So will this see prices face headwinds? What's the lamb market outlook? Importantly, what prices can we budget on for the coming years?
In this webinar, Meat & Livestock Australia (MLA) Manager Market Information, Ben Thomas, will outline MLA's sheepmeat industry projections for the next five years. Mecardo's Angus Brown will then take a look at what these projections might mean for sheep and lamb prices down the track.
During this webinar you will learn about:
- Key drivers of the sheep and lamb market over the next five years
- Risks and opportunities in the market
- Likely impact of El Nino on sheep and lamb markets
- Price outlook for Australian sheep and lamb markets
- Date: Tuesday 28 July 2015
- Time: 1.00pm AEST - QLD, NSW, VIC, TAS (SA – 12.30pm; WA – 11.00am)
- Duration: 1 hour
- Cost: This webinar is free to attend. In addition, all non-Mecardo subscribers will receive one month Premium access to Mecardo for free
Note: Don't worry if you can't attend at this time. Register anyway and we will send you the recording to watch at your leisure.
About our presenters:
Ben Thomas, Manager Market Information, MLA
Ben is the Manager of Market Information and the National Livestock Reporting Service at MLA, where he has been employed since 2012. Ben’s responsibilities include writing the quarterly beef and lamb industry projections, along with regular industry market publications.
Angus Brown, Senior market analyst, Mecardo / ACU
Angus started as a commodity market analyst for Ag Concepts Unlimited in 2003 after completing an Agricultural Science/Commerce degree at the University of Melbourne. Since then, Angus has had extensive experience in providing advice to livestock, wool and grain growers.