Don’t look at the prices now, think about the potential in 6 – 9 months’ time. I think its time to stop talking about price and concentrate on margins. As an example, pre last drought the sheep industry would have a lamb glut for about 6 weeks from the start of September to mid October most years. Timing around seed set meant woolly lambs needed to be sold or shorn. Sometimes it would move forward because of a dry August with more store lambs and other years back with a green spring and more slaughter lambs.
Irrespective of the reasons, sheep or cattle – too many, limited demand,…
