NZ's struggling lamb prices could benefit from wet Aussie summer

Lamb supply is at its peak during the summer months. (Image: Getty)

Mon, 15 Jan 2024

New Zealand’s struggling lamb prices may be in for a slight reprieve as wet weather in many parts of Australia slows the flow of stock into the country’s processors.Lamb prices have been under significant pressure across the Tasman partly due to the previous dry conditions, which had led to Australian products flooding overseas markets.Favourable conditions in recent years have also helped Australian farmers to build up their flocks, with sheep numbers estimated to be at their highest since 2007.Ultimately, both the higher flock num...

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