Competition for supplies boosts lamb prices

While there is very little change in prices quoted by processors for lambs this week, the reality is somewhat different on the ground, where competition for supplies is helping sheep farmers negotiate strong prices.

The general quote from processors is 440 cents/kg, with the usual bonus payments for quality, varying between 6 cents/kg and 10 cents/kg.

The alternative on offer from one processor is an all-in price of 450 cents/kg, which is more or less similar.