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Market Insights, Sheep & Lamb

Light lambs stung by 162c/kg discount

Key points:

  • Heavy lambs fetch a 162¢ premium to light lambs in saleyards.

  • Elevated US demand for heavier carcase weights has supported heavy lamb prices.

  • Supply of light lambs expected to trend upwards, following long-term trends.

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Cattle, Market Insights, Sheep & Lamb

Slaughter numbers expected to bounce back towards record highs after Easter break

Processor activity has dipped from the record highs experienced before the short Easter weeks, but a strong interest from processo...
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Sheep & Lamb

Bullish on lamb

Updated sheep industry projections from Meat & Livestock Australia (MLA) allow us to re-calculate our National Trade Lamb Indi...
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Sheep & Lamb

Online lamb premium hits 7-month high

Lamb pricing moved higher through December and January, recovering well from the market lull seen in late 2023. However, some mild...
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Slaughter numbers expected to bounce back towards record highs after Easter break
Processor activity has dipped from the record highs experienced before the short Easter weeks, but a strong interest from processors in a big yarding week bodes well for the continued high trajectory for slaughter figures. 
Bullish on lamb
Stay informed about the latest sheep industry projections and fair value models for lamb pricing in 2024 and beyond. Explore insights from Meat & Livestock Australia and forecasts by Matt Dalgleish.
Online lamb premium hits 7-month high
The price gap in c/kg between online and physical markets has hit the highest premium since early August 2023.
Restocker cattle throughput high but producers still keen to spend: Rabobank
Rabobank says restocker cattle throughput has been high but good seasonal conditions have kept producers in the market and happy to be spending.
Lamb exports leap in February
February was a record for lamb exports and is a third higher than the five year average. All top four trade destinations are at above average demand.
Australian sheep flock to decline as lamb slaughter breaks record for second consecutive year
After three years of consecutive growth, the Australian sheep flock is set to decrease by 2.9% to 76,500,000 in 2024, according to the latest Sheep Industry Projections from Meat & Livestock Australia (MLA).  
How close is the sheep flock to liquidation phase?
Australia's sheep turnoff ratio is getting closer and closer to the liquidation rate of 14%. That would suggest a small restocking rate for 2024.
Why there's been a six-fold increase in cattle and a tripling of sheep coming east
There’s been a sharp increase in the number of livestock being transported from Western Australia to the Eastern States in recent months as dry weather and market disruption continues to degrade the WA market. 
2023 another red meat record breaker
Australia’s sheep and lamb production figures have reached new highs, as data released this week by the Australian Bureau of Statistics shows that slaughter of lambs also increased 16.38% year-on-year to almost 25 million lambs, delivering another record.

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