Exports driving lamb demand

By Angus Brown
August 17 2018 - 5:30am
FIGURE 1:  Export lamb price has strongly led the upward trend of the ESTLI. It has happily sat above 800 cents for the past 15 months providing a strong support to the lamb market. The margin has tightened, but still sits comfortably compared to previous.
FIGURE 1: Export lamb price has strongly led the upward trend of the ESTLI. It has happily sat above 800 cents for the past 15 months providing a strong support to the lamb market. The margin has tightened, but still sits comfortably compared to previous.

Talk of lamb export markets driving the record lamb prices at saleyards and over-the-hooks has been occurring for a while now.

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