Menu
Livestock

Lamb price plunges

PRIME OFFERING: Freestone dairy farmer Phil Christensen played truck driver when his neighbour Claire Angus sold 47kg grain-fed Dorper lambs for $96 through Warwick saleyards on Wednesday.
PRIME OFFERING: Freestone dairy farmer Phil Christensen played truck driver when his neighbour Claire Angus sold 47kg grain-fed Dorper lambs for $96 through Warwick saleyards on Wednesday. Toni Somes

WHEN it comes to livestock markets, Claire Angus admits she could do with a crystal ball, as long as it explained price fluctuations and predicted the future.

The Freestone producer sold prime Dorper lambs tipping the scales at 47kg for $96 at Wednesday's sheep sale in Warwick.

While she described the price as "okay" it was a sharp decline on the $109 she got for similar lambs just a week earlier.

"I don't understand it," she admitted.

"There were more sheep and lambs yarded the week earlier and ours still made better money."

She said the $96 price meant she and her husband Graham covered the cost of grain- feeding lambs on their 40ha property, but any lower price-wise and anxiety would kick in.

"At that price we are doing okay, but I wouldn't like to see it go any lower or it really does take the margin out, especially with feed prices as high as they are at the moment."

The couple work on buying in store lambs around the 35kg mark and finishing them as a sideline, before re-selling them through the weekly sale in Warwick.

Topics:  lamb prices livestock livestock sales markets in the snow prices sales


Stay Connected

Update your news preferences and get the latest news delivered to your inbox.