New season lamb schedule prices are reaching levels last seen in 2017. AgriHQ senior analyst Mel Croad says the lamb schedule fell by up to 30c/kg this week with some companies now paying $6.50/kg, although many are still closer to $7/kg. Companies last month forecast prices would be about $6.80/kg by Christmas but AgriHQ is now forecasting it will be just below $6/kg for late January-February. Mel Croad says she is concerned low prices have been reached before the influx of new season lambs for processing – due in the North Island in the next two or three weeks. And it is because overseas markets are paying less for our lamb than in the last few years. From January to September last year, the average export lamb prices was $13.02/kg. For the same period this year it was $10.93/kg.
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