Sheep Industry News September 2022

MARKET REPORT Continued from Page 7

NOW WHAT? Most industry participants have seen this type of market in the past, one where lambs are backed up, getting heavier and prices are declining sharply. What makes this time different is the event that started it: declin ing demand due to macroeco nomic conditions. A couple of things should help boost purchases in coming months. Falling wholesale lamb prices should translate to lower retail prices, boosting the quan tity demanded. Falling fuel prices and mod erating inflation in other areas should boost consumer’s pur chasing power.

est weekly retail report. Editor's Note: we take a break from wool markets this month as the Australian market has been on its annual recess. COMPLETELY UPDATED Sheep Production Handbook Fully Searchable USB

A little more featuring and specials might also help. USDA/ AMS reported more features and specials on lamb in their lat

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