Elders: Delayed Australian lamb supply lifts prices
Bitget2026/10/29 01:50- Elders' analysis shows Australian lamb slaughter barely above last year's levels, contributing to an unseasonal price rise over the past fortnight.
- Poor feed quality is delaying slaughter weights in major southern producing regions despite abundant pasture.
- Early sales into feedlots, lambs returned to pasture and increased ewe-lamb retention for flock rebuilding are also constraining supply.
- More lambs could reach slaughter weights toward year-end as warmer conditions improve finishing, potentially shifting supply dynamics behind recent price gains.
- US International Trade Commission findings on lamb imports are due November 13, with potentially significant implications for global sheepmeat trade and pricing.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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