# Lamb and beef export prospects are still good

> Rabobank says New Zealand lamb and beef export returns are at good levels, with lamb schedule prices up 4% to 5% month-on-month in June. Strong US demand grew, with May lamb sales to the US exceeding $40 million for the first time.

- Date: 2018-07-11 · published 2018-07-11T12:00:00.000Z
- Category: market · region New Zealand · magnitude low
- Page: https://feedsoft.ai/events/63969-lamb-and-beef-export-prospects-are-still-good
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Strong export demand and tight lamb supply support high sheep meat prices, while Australian drought destocking adds beef supply.

## Sources

- farmersweekly.co.nz: https://www.farmersweekly.co.nz/news/lamb-and-beef-export-prospects-are-still-good/

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