Desperately seeking sheepskin
08/04/2011
Specialist media in Australia said a livestock auction yard in Horsham, Victoria, had sold a pen of five-year-old merino wethers for AUS $189.20 ($199) a head. The buyer was a packer firm in South Australia, who bought the sheep to process for mutton exports.
A spokesperson for the auction yard said his company knew of no higher price ever for mutton.
Slaughter rates for mutton are 66% below the level of two years ago.