Mutton strong now but set for new records

WHILE LAMB supply and prices fill the headlines nicely, some of the more interesting, and volatile numbers came out of Meat and Livestock Australia’s the sheep slaughter projections. Tightening sheep supply could see some record prices posted in the near future.

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Mecardo have revised down their sheep slaughter figures.

Australian sheep slaughter has been on the rise since the middle of 2017. The 12-month moving average has increased every month for the 14 months to September this year.