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
7 November 2023
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.
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