Lamb flap prices rise to 20-month high as higher Chinese demand meets lower NZ supply

Sun, 04 Dec 2016

By Tina Morrison Dec. 5 (BusinessDesk) - Prices for the humble lamb flap are on a tear, hitting their highest level in 20 months, driven by increased demand from China and lower supply from New Zealand. While prices for a leg of lamb in the UK and beef for meat patties in the US are being impacted by weak demand, the price for lamb flaps rose to US$5.10 per kilogram in November, from US$4.70/kg in October and US$3.80/kg for the same period a year earlier, according to AgriHQ's latest monthly sheep & beef report. That's the highest level r...

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