Lamb Market Struggles Marked by Shifting Trends and Chicken Competition
Polk County extension livestock expert Dick Vilstrup notes a year of price declines for lambs amid broader market depressions. He cites recession, inflation, high interest rates, and competition from cheap chicken as main factors, plus abnormal packer pricing shifts and heavier imports from Australia and New Zealand. Wool remains a bright spot as domestic demand rises.
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Tele-auctions offer new options to Wisconsin lamb producers
The Corn Belt Lamb Tele-Auction links Friday consignment by telephone with Monday live bidding by Midwest packers. Producers call in weights and grades, then buyers bid unseen. The system, active since 1964 for hogs, covers Wisconsin sites and six neighboring states, with plans for computer linkups and more networks nationwide. Prices may be lower than open markets, but producers retain their sheep until sale and can withdraw if prices lag.
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