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NEWS
UPDATED 31 OCTOBER 2006
INDEXMAY 06JUN 06JUL 06AUG 06SEP 06OCT 06LATEST


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

Previous News Items:
5 Sep 2006 | Steady growth in sheep meat prices
1 Sep 2006 | Wool growers soften PETA claims
24 Aug 2006 | Wool and prime lamb production in decline
15 Aug 2006 | Horticulture crying out for labour
7 Aug 2006 | Most farmers less optimistic


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