Sheep prices surge past $600 due to national ewe shortage

Sheep prices have reached record levels in parts of Australia, with first-cross ewes fetching upwards of $600 at recent sales in Narrandera and West Wyalong. Livestock managers attribute this surge to a significant shortage of ewes across the country, noting that many have been removed from the system over the last two years.

Industry experts suggest that the strong lamb market and a mild winter providing good feed availability have further bolstered prices. The high results seen in New South Wales and South Australia are expected to influence Victorian livestock markets in the coming months. Producers are currently in a strong position for breeding and growth due to high-quality yardings and favorable seasonal conditions.