Impact of High Prices on Lamb Offerings
Prolonged high prices are affecting retail lamb offerings, with butchers and discount retailers like Costco slowing their lamb purchasing due to elevated saleyard prices.
- Saleyard prices remain high, despite increased yardings.
- Heavy, trade, and restocker lamb indicators are over $10/kg.
- Light and Merino lamb prices are in the $9 range.
According to Elders senior analyst Richard Koch, the ongoing price dynamic may impact availability into 2026.
Despite some decline in the lamb market, exports have been relatively steady, resulting in less domestic consumption.
Author's summary: High prices affect lamb retail offerings.