SHEEP

Lamb prices to remain well supported

AUSTRALIAN lamb prices are expected to remain well supported by strong restocker demand however an influx of heavy lambs could add pressure to prices ahead of winter, according to Rabobank’s March update.

Staff writer
 Lamb prices are well supported by strong restocker demand. Picture Mark Saunders.

Lamb prices are well supported by strong restocker demand. Picture Mark Saunders.

Strong restocker demand has helped keep Australian lamb prices at high levels in February with the Eastern States Trade Lamb Indicator (ESTLI) within a range of 840- 870c/kg during this month. The ESTLI...

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