# New Zealand sheep and cattle prices surge | Meat & Livestock Australia

> New Zealand lamb and mutton prices hit record levels of 908 and 660 cents per kg cwt, and NZ beef prices reached historical highs. The rise follows reduced slaughter supply and strong demand, with COVID-19 restrictions noted as a risk to prices.

- Date: 2021-08-19 · published 2021-08-19T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/10056-new-zealand-sheep-and-cattle-prices-surge-meat-and-livestock-australia
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Tight global sheepmeat and beef supplies lift prices for livestock products, while COVID disruptions to processing could add volatility to future market signals.

## Read by commodity

- LCATTLE: bullish ▲

## Sources

- mla.com.au: https://www.mla.com.au/news-and-events/industry-news/new-zealand-sheep-and-cattle-prices-surge/

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.