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Lamp sales central to profits of sheep farms 7 Sep 2006
High domestic sheep meat prices, buoyed by strong export demand, combined with falling wool prices have increased the emphasis within the Australian sheep industry on the production of sheep and lambs for slaughter. Sheep and lamb sales are now a much more important source of income for sheep producers. In 1990/91, farms with more than 200 sheep earned just 6.3 per cent of their gross receipts from sheep and lamb sales. In 2005/06, this is expected to have increased to 20 per cent of receipts.
Australian Bureau of Agricultural and Resource Economics, 07/09/06
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