Sheep ranchers see lamb prices drop
By California Farm Bureau
Lamb prices have dropped by about half, for ranchers at least, and the quick drop in prices during the past year has ranchers worried. Record high prices the previous two years led farmers to purchase more sheep and build larger herds. Lamb producers say a number of factors led to this year’s downturn, and that dry weather across the country contributed to the problems, but that they anticipate the situation could start to improve by next summer.
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