Consumer resistance to higher lamb prices emerging

摘要

From April 1 to July 1, the Eastern States Trade Lamb Indicator (ESTLI) fell 137 cents, or 21%, with various reasons quoted for the fall, including stronger supply, weaker demand and even the ban on exporting live cattle to Indonesia.On the supply front, MLA's NLRS reported that eastern states lamb slaughter in June was down 2% on May and down 4% on June 2010 and the five-year average.