Lamb prices have cracked the $8/kg mark for the second successive year and things could get even better.
Sheep farmers are in for another year of solid returns, says ASB’s senior rural economist Nathan Penny.
Lamb prices have held up at much stronger levels than expected, says ANZ’s agricultural economist Susan Kilsby.
Lamb prices look set to bottom out just below $7/kg as the end of the season nears, according to ASB senior rural economist Nathan Penny.
The gap is closing between 2019 season and 2018 season prices, says ASB senior rural economist Nathan Penny.