The latest report from Rural Bank’s industry insights team, Ag Answers, has been released.
The July 2016 Australian Sheep and Wool Updateprovides producers and industry with a concise analysis of the sheep and wool sectors.
With data on vegetation and rainfall, price, production and demand for sheep meat and wool, the report presents key trends in global and domestic markets.
The report indicates that Australian lamb and mutton prices and export demand are expected to remain strong this year. Similarly, wool prices have maintained gains made during 2015 and export trends appear set to continue.
Disclaimer: Whilst all care has been taken in compiling the information, the information should not be relied upon as substitute for professional advice where necessary. Rural Bank accepts no responsibility for the accuracy, completeness or timeliness of the information and disclaims all liability in relation to any loss or damage suffered by the use of or reliance upon any information contained herein or in any attachment or annexure hereto by any person. Rural Bank – A Division of Bendigo and Adelaide Bank Limited ABN 11 068 049 178 AFSL 237879