The national mutton indicator, as reported by MLA’s National Livestock Reporting Service fell again last week, hitting its lowest levels for the year at 239¢/kg cwt.
The national sheep supply this week was largely steady, at 42,676 head. Demand continues to decline across all categories, with ewe mutton recording the largest falls due a lack of quality offerings.
In some circumstances good skin length has helped producers on a dollar per head basis.
At the conclusion of Thursday’s markets the majority of states realised cheaper mutton prices.
The largest price fall was recorded in SA, with the indicator down 14¢ week-on-week to 192¢/kg cwt.
NSW prices declined 4¢ to 238¢/kg cwt, while slightly improved demand helped to strengthen the Victorian indicator - up 7¢ to 236¢/kg cwt.
Over in the west, the WA mutton indicator was 4¢ lower for the week, at 254¢/kg cwt.
Source: farmonline.com.au
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