Lamb prices set to remain fair in 2010

Lamb prices are forecast to remain relatively strong for the third year in a row, as dwindling supplies more than compensate for any reduction in high street sales, according to industry body

No recession in the country boys any prices on cattle yet....

mullins wrote:Lamb prices are forecast to remain relatively strong for the third year in a row, as dwindling supplies more than compensate for any reduction in high street sales, according to industry body

No recession in the country boys any prices on cattle yet....

Good to hear! Sick of getting fleeced!

As a strong supporter of lamb and halal cuisine in general I'm not surprised.

Its delicious and nutritious.

mullins wrote:Lamb prices are forecast to remain relatively strong for the third year in a row, as dwindling supplies more than compensate for any reduction in high street sales, according to industry body

No recession in the country boys any prices on cattle yet....

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A lot of good sheep land up here got parcelled up as sites for Holiday homes and was pawned off to our Northern cousins as holiday home development land at €250k an acre. Once the banks get a hold of this they will sell it back to the farmers at €3k an acre and sheep rearing will once again thrive - but won't help prices.
So I'd be inlined to go short on longer term lamb prices but would go long New Zealand currency as a hedge.

So is this a good thing or a baaaaaaad thing?