Australian Sheep Update October 2017
The latest Ag Answers Australian Sheep Update has been released, showing that exports have increased 24 per cent year-on-year, driven by the value of lamb exports increasing by more than 20 per cent when compared with 2016 figures.
The update reveals the value of sheep meat exports is trending higher in 2017 due to strong gains in export unit prices and a small increase in export volumes.
Australian Sheep Annual Review
Ag Answers has released the 2016/17 Australian Sheep Annual Review. The review shows the Australian sheep industry is continuing to go from strength to strength off the back of increased prices, production and exports.
Strong demand and tight supply in the first half of 2017 has caused the National Trade Lamb Indicator (NTLI) to continue to average higher for the fourth year in a row, averaging 639c/kg cwt for the first half of 2017, 14 per cent higher than the same period last year.
Australian Sheep Update April 2017
Lamb and mutton prices both had a blistering start to 2017. The national trade lamb indicator has averaged 14.5% higher in the first quarter of 2017 compared to the last quarter of 2016, more than double the 5 year average increase of 6.5%.
The April 2017 Australian Sheep Update provides producers and industry with a concise analysis of the Australian Sheep sector.
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