Loading…
Rabobank says New Zealand lamb and beef export returns are at good levels, with lamb schedule prices up 4% to 5% month-on-month in June. Strong US demand grew, with May lamb sales to the US exceeding $40 million for the first time.
Strong export demand and tight lamb supply support high sheep meat prices, while Australian drought destocking adds beef supply.
farmersweekly.co.nzAlan WilliamsJul 11, 2018Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
