Favourable Long-Term Lamb Market Forecast ; Sheep Numbers Still Contract, While the Export Market Remains Attractive. Farming Editor Peter Hall Reports

Summary

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THE lower domestic slaughterings and favourable sterling exchange rate that underpinned the far better market for lambs in the first half of this year are expected to continue in 2010.

The forecast comes from the English Beef & Lamb Executive in its latest market outlook - but it goes on to caution that short-term factors may keep conditions less firm than many Westcountry producers might like over the next six to nine months.

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Extract

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Favourable Long-Term Lamb Market Forecast ; Sheep Numbers Still Contract, While the Export Market Remains Attractive. Farming Editor Peter Hall Reports

While the normal seasonal trend of supply and demand, complicated by particular exchange-rate volatility, will continue to h...

See the full content of this document

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