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Lamb prices break records

Western Plains App

Farren Hotham

21 June 2025, 7:40 AM

Lamb prices break recordsSome of the lambs that delivered sky high prices in regional saleyards this week. [IMAGE SUPPLIED]

Lamb prices are soaring despite mixed seasonal conditions in livestock yards across in NSW, prices breaking records in Dubbo, Forbes and Tamworth.

 

Paul Achin livestock selling agent in Gilgandra was impressed with the quality of lambs on offer at Dubbo Monday and the prices his clients are getting.


‘’It's going well and Í hope it continues for our farmers," he said.



Yeoval’s ‘Pine Villa’ stud created a record with its second cross lambs topping $386 for the Haycock Family.


"The bulk of the lambs are selling well now , even the 140 to 240 are good prices," said Alchin.


"I agree with my fellow agent Ross Plasto, confidence is up.’’


Selling Agent Ross Plasto says market confidence is high on lamb in yards everywhere.


"They are making $430 south and buyers were impressed with these lambs. Demand is high and there bringing big money."


Mr Alchin also pointed out mutton prices had also jumped. ‘’They're extremely high, some $12-16 dearer.’’



Meat and Livestock expert David Munk reported that 29,190 lambs sold $25 dearer this week.


"A buoyant tone dominated the Dubbo Regional Livestock Market this week, with a total yarding of 45,240 sheep and lambs following a two-week break.


"Numbers lifted by 6,000 to yard 29,190 lambs, reflecting producer confidence and strong buyer demand," he said.


"The sale saw a large gallery of buyers in attendance, including all regular operators and the welcomed return of a major supermarket chain, contributing to strong competition across all categories and a remarkable rise in prices.’’


PHOTO SUPPLIED


Munk said there was a lightweight lamb surge.


‘’Lightweight lambs were in high demand, especially from processors, with prices surging up to $25 dearer.


"Lambs in the 12kg to 18kg range (2 score) sold from $115 to $174/head, supported by solid domestic and export interest.


"Trade lambs enjoyed a significant lift, gaining as much as $25/head.


"Lambs weighing 20kg to 24kg sold from $185 to $260, averaging between 1000c and 1050c/kg carcass weight, with well-finished lambs particularly well sought after.’’


The export market is powering lamb sales despite concern over Donald Trump’s tariffs.



National livestock reporting service veteran Richard Bailey told the ABC it was not just the export market paying big dollars to secure Australian lamb.


"I don't think [prices] have changed much in the supermarkets yet, but I'd think it'll have to at some stage," he said.


"Both of the major supermarkets are paying premium prices for their type of lamb, so it's got to filter through [to the consumer].


"Remember a bigger percentage of our lamb meat is exported these days and it'll be interesting to see how much overseas consumers will be willing to pay."


While Australian farmers were celebrating getting over $10 a kilogram for their lambs this week, consumers in New South Wales were paying roughly $45 a kilogram for lamb cutlets.