Lamb indicator edges towards 900c/kg

The Eastern States Trade Lamb Indicator (ESTLI) reached an all-time high of 896¢/kg carcass weight last week as buyers scrambled to secure supplies.

Lamb indicator edges towards 900c/kg Lamb indicator edges towards 900c/kg Lamb indicator edges towards 900c/kg Lamb indicator edges towards 900c/kg Lamb indicator edges towards 900c/kg

Lamb producers are enjoying near record prices. Picture Mark Saunders.

The feverish demand for lamb has seen prices jump almost 250c/kg, or 37 per cent, over a three-month period, according to Meat & Livestock Australia's market data.