Opinion

Lamb producers feel pain of falling prices, but little impact on retail price prompts tough questions

By Robbie Sefton
October 3 2023 - 5:00am
MLA has said it will take up to eight months for the full price decline around Australian lamb to flow through to consumers. Picture by Hayley Warden
MLA has said it will take up to eight months for the full price decline around Australian lamb to flow through to consumers. Picture by Hayley Warden

What a difference a few years make. This time two years ago, Australian sheep and lamb producers were enjoying record high prices at the saleyards, but since the start of 2023, prices have dropped alarmingly, falling by between 60 and 80 per cent and leaving many producers considering their options, particularly as drier conditions start to bite in many regions.

Subscribe now for unlimited access to all our agricultural news across the nation

$0/

(min cost $0)

or signup to continue reading

See subscription options

Get the latest NSW news in your inbox

Sign up for our newsletter to stay up to date.

We care about the protection of your data. Read our Privacy Policy.