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 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.
Lamb prices in the winter months have been underpinned by strong export demand.
Trade lamb prices reach new heights
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