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.

Lamb prices to remain well supported Lamb prices to remain well supported Lamb prices to remain well supported Lamb prices to remain well supported Lamb prices to remain well supported

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.

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