Australian restocker lamb prices rise 50 cents, driven by strong demand and competition.
The Australian sheep market is experiencing positive trends, particularly in restocker lamb prices, which have risen by 50 cents over the past month. This increase is driven by strong demand and competition among buyers. New season lambs are also seeing robust demand, with a 94% clearance rate and average prices around $116 per head. However, prices may weaken as more light lambs from Victoria and South Australia enter the market.
September 03, 2024
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