Sheep farmers on the brink as prices stagnate

Suppliers are adamant that they cannot continue in business at current prices.
Sheep farmers on the brink as prices stagnate

Suppliers are adamant that they cannot continue in business at current prices.

There is little for sheep farmers to cheer about in the trade for this week as they continue to suffer losses that are not sustainable for the sector.

Quoted prices ranging 590-600 cents/kg at the processors are unchanged, with the usual bonus of 10-20 cents/kg for Quality Assurance to be added as applicable. Suppliers are reporting that, in general, 615-625 cents/kg is being paid for the hoggets.

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