The world is hungry for Australia's lamb and mutton

Published 2024년 1월 16일

Tridge summary

Australian sheepmeat exports, particularly lamb and mutton, reached record levels in 2023, with high demand from countries such as China, the United States, and the United Arab Emirates. Pricing for Australian sheepmeat has started to recover heading into the new year, which is a positive sign for sheep producers. Demand for Australian sheepmeat remains strong globally, with growing fondness for sheepmeat in China as a substitute for pork, and increasing prices and reduced exports due to better weather conditions in Australia's Eastern States.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Mutton dressed as lamb, lamb dressed as mutton? For global exporters there didn't seem to be a preference last year, with the insatiable hunger for Australian sheepmeat skyrocketing into uncharted territory - and it's only expected to grow. Episode 3 founder and market analyst Matt Dalgleish said cheaper prices, compared to competitors including New Zealand, lifted Australian lamb and mutton exports to record levels in 2023. Heading into the new year, Mr Dalgleish said pricing had started to recover, which was a good sign for sheep producers. And he expected the appetite for Australian sheepmeat to continue, saying long-term supply and demand looked "strong and robust". A recent Episode 3 report by Mr Dalgleish, showed 28,926 tonnes of Aussie lamb and 20,799t of mutton was exported offshore in December. Despite being down a mild three per cent on November levels, lamb exports still produced the best December result on record, with trade flows running 27pc above the five-year ...
Source: Farmweekly

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