Lamb flap prices hit record high as NZ slaughter rates decline

Sun, 05 Mar 2017

By Tina Morrison March 6 (BusinessDesk) - A shortage of lamb meat in New Zealand, the world's largest exporter, is pushing up prices, with lamb flaps hitting a record high and prices for many other cuts lifting in export markets. The price for lamb flaps advanced to US$5.60 per kilogram in February, from US$5.50/kg in January and US$3.45/kg in February last year, according to AgriHQ's monthly sheep & beef report. That's ahead of the previous record set in January 2014. New Zealand slaughter rates for lamb so far this season are trackin...

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