Export prices for lamb reached their highest point on record in the June 2019 quarter, according to new Statistics NZ data.
This level is the highest since the series began in 1982, and follows steady increases from the second half of 2016.
Overseas trade statistics manager Darren Allan said it isn’t just lamb fetching good prices.
“Both lamb and beef prices rose this quarter, up 4.7 percent and 5.3 percent, respectively, on the back of strong overseas demand” he said,
With the farm gate price approaching $9.00 a kg, I hate to think what the retail price will be.
I do like a good feed of fresh lamb and mint sauce. Just as well I can do deals to obtain fresh killed lamb, straight off the farm. nod-nod-wink-wink.