Lamb export prices increase to multi-year high on soft supply, solid demand, AgriHQ says

Lamb export prices increase to multi-year high on soft supply, solid demand, AgriHQ says
Tina Morrison
By Tina Morrison May 8 (BusinessDesk) - Export prices for lamb pushed higher last month as solid demand overseas coincided with soft supply from New Zealand, the world's largest exporter of lamb meat, according to AgriHQ. Benchmark frozen lamb prices for legs, french racks and forequarters all lifted in April to hit multi-year highs, according to AgriHQ's latest monthly sheep & beef report. The benchmark price for a frozen leg of lamb in the UK rose to 5 British pounds/kg in April from 4.80 pounds/kg in March and from 4.35 pounds/kg a...