Sheep price records continue to tumble
Sheep values are soaring at saleyards across the country in a golden age for producers who are enjoying never-before-seen prices for their stock.
Sheep prices have hit another national record, with first-cross ewes at a sale in Naracoorte selling for $650-a-head. Industry experts anticipate high prices will persist, driven by a historically low sheep flock. Record-breaking prices have been observed at saleyards nationwide, with 1.5-year-old ewes setting a new mark at the prestigious Naracoorte sale center.
Factors contributing to this surge include an excellent season, robust demand, and a critical sheep shortage. Drought-related selling in recent years exacerbated the decline in flock numbers across Australia. The James family, who farm near Mundulla West, expressed pride in their record-breaking ewes but remain grounded, acknowledging the difficulties their flock has faced.
This period of high prices is seen as well-deserved reward for producers who have weathered challenging times.
Written by urgent.news from ABC News AU's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
