Farm Ireland

Sunday 19 November 2017

Aussie and Kiwi lamb price hike

Sheepmeat prices in New Zealand and Australia have started the year strongly, with prices up in both countries on the back of tightening domestic and global supplies, firm demand from export markets and favourable exchange rate movements.

The latest Bord Bia market report shows that lamb prices in New Zealand are 53pc higher at €3.32/kg, while Australian lamb prices have strengthened by 39pc, to €3.94/kg.

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