Will lamb records tumble? | POLL

Will lamb records tumble? | POLL

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With lamb supply shortages forecast for the coming months, do you think prices will hit new highs?

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ELDERS Dublin/Yorke Peninsula livestock manager Matt Ward says competition from processors at the SA Livestock Exchange had increased to levels he had not seen for a long time.

"Processors have had a four-month supply of forward contract lambs and that would be running out - they have had to buy at saleyards to make up the shortfall," he said.

"Supply for winter markets will be down and I expect a lack of supply to continue for a lot longer than in past seasons."

He predicted sheep and lamb prices could climb 40 per cent to 50pc in the next six months forecasting record-breaking lamb and mutton prices would be reached across the state in coming months.

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