“Spirited bidding” has pushed the national lamb price to a new record at a regional New South Wales saleyard today.<\/p>\n
A pen of 55 second-cross lambs sold to $479.50\/head at Griffith, but agents say this still may not be the top of the market.<\/p>\n
The lamb price has been slowly climbing, with records nearly a weekly occurrence at saleyards across the country since late May.<\/p>\n
“You don’t sell the lambs to get the records, but they did deserve it. They were amazing lambs,” agent Wayne Spencer said.<\/p>\n
“They weighed an average of 92 kilos liveweight, so that’s an estimated dress weight of somewhere around 43 kilos.”<\/p>\n
They were purchased for export by processor Thomas Foods International.<\/p>\n
Droughts in parts of southern NSW, Victoria and South Australia have been impacting supply and weight of the lambs in a time of high demand.<\/p>\n
“The lamb job just keeps getting better and better, just as those numbers drop away .\u2026 but these lambs coming in today, they’re massive big lambs.”<\/p>\n
Mr Spencer said the lambs, bred by Mark Tabain, drew keen interest from the opening bid.<\/p>\n
“It was very spirited bidding,” he said.<\/p>\n
“Mark was over the moon, he’s a fella who doesn’t like the limelight much but he does an amazing job with his lambs year in, year out.”<\/p>\n
The industry is now asking where the top of the market could be, as consumers brace for possible price rises for the final product.<\/p>\n
Agents from Dubbo held the national record for a few days, after topping at $477.20\/head earlier this week.<\/p>\n
Mr Spencer said he would not be surprised if next week brought another record price.<\/p>\n
“As the old lambs start to drop in numbers and weight, if our suckers come in a bit later, [there] just could be a window that this job could just get a little better.”<\/p>\n","protected":false},"excerpt":{"rendered":"“Spirited bidding” has pushed the national lamb price to a new record at a regional New South Wales…\n","protected":false},"author":2,"featured_media":52174,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[64,63,99,43747,43748,43745,43746,43744,43750,43749,25656,9376],"class_list":["post-52173","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-au","tag-australia","tag-business","tag-griffith-saleyards","tag-lamb-record-price","tag-lambs","tag-mark-tabain","tag-national-lamb-price","tag-nsw-drought","tag-sa-drought","tag-sheep","tag-victoria-drought"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/52173","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=52173"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/52173\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/52174"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=52173"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=52173"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=52173"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}