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Leading the lamb trend | Market Murmurs | The Land



Top quality second-cross lambs sold by McRae Livestock, Duri, via Purtle Plevey Agencies P/L made $258 a head at Tamworth sale on Monday. Photo: Michelle Mawhinney, TLSAA

THE local lamb market may have trended cheaper in the past week, but prices still sit well above those in other states of Australia.

The NSW Trade Lamb Indicator, calculated by Meat and Livestock Australia, was on 865 cents a kilogram (carcase weight) early this week.

That’s 18c/kg cheaper than at the same time last week and about 100c/kg lower than last year’s hefty prices.

However, indicator prices in Victoria, at 840c/kg, were well below NSW this week.

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Likewise, South Australian averages for trade lambs were on 834c/kg and in Queensland the trade…

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