Lamb is a popular Christmas choice in New Zealand this year, but retail prices have surged to record highs due to reduced sheep numbers and strong demand, prompting calls for consumers to shop around across supermarkets, independent butchers, and online platforms.
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Um and look the way things are at the moment, if you're not growing sheep for wool, you are missing out. So farmers respond to market signals pretty quickly. So to your point, I think we will see a bit of a shift back, but probably just need a bit of stability for a year or two.
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structural shift reducing wool supply
Richard Dawkins: Federated Farmers Meat and Wool Chair on wool prices hitting a 15 year high, surging demandSpotted something wrong on this page? Report a correction.