Lamb supply squeeze tips large price upside

By Angus Brown
February 15 2019 - 6:30am
FIGURE 1: Lamb slaughter and forecasts. The forecast slaughter in 2019 would be a significant step-down. Lamb slaughter is expected to grow from 2020 to 2022 to almost get back to the 2018 level.
FIGURE 1: Lamb slaughter and forecasts. The forecast slaughter in 2019 would be a significant step-down. Lamb slaughter is expected to grow from 2020 to 2022 to almost get back to the 2018 level.

SHEEP industry projections look very good for those who still have their flock intact. But the figures released by Meat and Livestock Australia suggest that many flocks are in fact not intact.

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