Given the success of the first edition of “Paddock Wisdom”, AuctionsPlus would again like to engage the services of its clients – this time looking at the six-month outlook for the Australian lamb market. In contrast to the cattle market, the seasonality of the Australian lamb market has a large impact on annual pricing – so we have given a brief historical context to the change in prices over the period since 2010 to assist responses.
Paddock Wisdom - Survey 2: Using the weekly AuctionsPlus average first cross ewe lamb price, at $270/head, (18 June 2021) where do YOU think this price will be in the third week of December 2021?
Background: Since 2010, the change in the benchmark lamb indicator from mid-June to
mid-December has ranged from plus 1.8% (2018), to minus 21% (2019), averaging a decline of 9.3%.
The survey has now closed - find out the results of our initial survey via the link below.