Lamb flap prices rise to a year high in June; beef, lamb leg stable

Tue, 12 Jul 2016

By Tina Morrison July 12 (BusinessDesk) - New Zealand lamb flap prices rose to their highest level in a year, driven by increased demand from China where the meat is used in traditional hotpot dishes. Lamb flap prices rose to US$4.40 per kilogram in June, up from US$4.05/kg in May and the highest level since the first week of June last year, according to AgriHQ's latest monthly sheep & beef report. Chinese demand for lamb flaps has helped turn the offcut into a premium cut and lifted the overall return Kiwi farmers can get from their...

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