Global sheep prices

Updated 16 May 2024
Around the world, farmgate sheep prices vary, affected by various factors, most obviously supply and demand. Some of these factors are more local in nature, and might include logistical and supply chain issues. Cost of production will also vary between different countries.

Additional information

Australia and New Zealand are the two largest exporters and therefore prices there very much reflect global supply and demand balances of sheep meat. As a global traded commodity, prices in Australia and New Zealand will also reflect changes in exchange rates.

It is also worth keeping in mind that specification variations between countries might mean the major prices quoted in each country may not be immediately directly comparable.

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