Lamb flap prices match record high, on limited supply, strong demand

Mon, 06 Feb 2017

By Tina Morrison Feb. 7 (BusinessDesk) - Strong demand from China combined with limited supply has seen the price for the humble lamb flap rise to match its previous record high. The price for lamb flaps advanced to US$5.50 per kilogram in January, from US$5.40/kg in December, matching the previous record set in January 2014, according to AgriHQ's monthly sheep & beef report. Poor lamb growth rates through spring and early summer combined with improved grass growth has crimped the number of lambs being sent for slaughter in New Zealan...

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