There’s something brewing…
- By: "Farm Tender" News
- Farm Tender, DelayPay & Farm Inputs
- Jun 08, 2024
- 2134 views
- Share
To receive this newsletter in your inbox each day, just register with Farm Tender here.
By Dwain Duxson.
There’s something brewing… - We don’t do predictions well in Ag, and if there is an average, I am well below the line. But sometimes we can’t help ourselves, and guess what, it’s good fun too.
We recently wrote an article about how the Australian Lamb and Sheep industry lacked a formal Feedlotting industry. You can read it here. I was looking through the Ballarat Lamb prices from Wednesday and any finished Lambs are making up to $280 a head. That’s starting to get up there. Would we then make more in the Lamb industry if we finished half the Lamb Crop in a Feedlot? Or would there be an oversupply of finished Lambs, and the premium end would become more of a commodity, and would that push prices lower? I digress.
The Farmers Club - For the curious ones Join The Farmers Club here.
But back to my prediction. I’ve got this feeling in my water that the Sheep and Lamb job is going to come good within a month or two and get back to levels seen before the slump occurred. I have no market intelligence; I have not been speaking to an economist, and I haven’t dialled up the best Sheep Agent in Australia. It’s just a hunch.
And look out if we get some rain in the places that need it. That wouldn’t grow grass immediately, but it would build confidence. I might be wrong with my timing, but when it does come good (it will at some point), what are the lessons we can learn from what we have been through? Reply to dwaind@farmtender.com.au
End of message
Share Ag News Via