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30 Jun 2025 14:27
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  •   Home > News > Rural

    Hopes for sheep farmers that the six-year low in lamb prices, will eventually come right

    Hopes for sheep farmers that the six-year low in lamb prices, will eventually come right


    Prices have dropped 20 percent in recent weeks -- with some companies now offering six-dollars-50 a kilo -- down from eight-dollars-30 two seasons ago.

    A large number of ewes have had twins this season, but it hasn't cancelled out the drop in prices.

    Farm consultant Gary Massicks says the dairy industry's recovery is a cause for optimism.

    But he says it might not come until the middle of winter, and by that stage most of their lambs would have been sold.

    © 2025 Newstalk ZB, NZCity

     Other Rural News
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     29 May: Fonterra's reporting a strong rise in profit, while warning of more global uncertainty on the horizon
     26 May: Farmers are sounding the alarm - warning the sheep industry is collapsing
     25 May: Strong global dairy commodity prices are expected to be good news for farmers this season
     22 May: New Zealand farmers are benefiting from a dairy renaissance
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