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Gold/Mining/Energy : Argentina Area Play - Gold & Silver in the Deseado Massif

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From: TheSlowLane4/23/2011 7:13:05 AM
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Sheep growers benefit from low supply, high demand -
Higher US demand, fewer sheep worldwide fueling good times for lamb, wool producers
finance.yahoo.com

That increased demand has come amid a drop in supply, in part due to decreased production in Australia and New Zealand, two of the world leaders in production and large exporters to the U.S., Orwick said.

Australia has about 70 million sheep, down from 170 million 20 years ago. The drop has been blamed on the ending of a government support program and extended drought followed by recent flooding, Orwick said.

In New Zealand, sheep numbers have dropped from about 70 million to 40 million, and many producers have switched to dairies and beef production.
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