Ontario Lamb Price July 2015

Lamb prices have decreased although they continue to be the highest ever received for this time of year. The monthly average price graphs have been updated for lambs <79pounds, 80-94pounds, 95-109pounds and 110+ pounds. As shown in Figure 1, the monthly average price for 80 -94 lb lambs has started to decrease in June and may continue to drop in July and August. It is likely there will be some recovery in price in Late August and September since the Eid al-Adha holiday is in late September this year rather than in October as in the past few years. A similar trend can be seen in each of the price graphs in Figures 1 – 4. Figure 1. 5 Year…

Lamb Price April 2014

Lamb prices have continued to recover in 2014.  The monthly average price graphs have been updated for lambs <79pounds, 80-94pounds, 95-109pounds and 110+ pounds.  As shown in Figure 1, the monthly average price for 80 -94 lb lambs has been much higher in the first three months of 2014 than 2013.  In this early part of the year price seems to be following a similar pattern to average price in 2010.  A similar trend can be seen in each of the price graphs in Figures 1 – 4. Figure 1   5 Year Average Market Price by Month 80 – 94 lb Lambs   In November and December of 2013, prices decreased for the heavier lamb categories after the high…

Lamb Price November 2013

Lamb prices have decreased to September levels after the increase for the Eid ul-Adha holiday in October.  The monthly average price graphs have been updated as of November 19, 2013 for lambs <79 pounds, 80-94 pounds, 95-109 pounds and 110+ pounds.  As shown in the  80 -94 pound lamb graph below, price is higher in 2013 than 2012 but seems to be following a similar trend. 5 Year Average Market Price by Month 80 – 94 lb Lambs In 2012, prices continued to drop for heavy lambs during the month of December.  The < 79 pound graph below shows an increase in price in December 2012.  This is the only weight category that saw an increase in December last year,…

Ontario Lamb Prices Improving

Lamb prices started to improve in July 2013.  After 12 months of poor prices, lamb prices are now on par with prices received in 2009 and 2010 for this time of year.    As illustrated by the 80 -94 pound price graph below, the price dropped to a 5 year low in June, but has rebounded in July and August.                    5 Year Average Market Price by Month 80 – 94 lb Lambs   The 5 year average price by month is illustrated for the below 79 lb, 95-109lb and 110lb+ lambs in the graphs below.   All categories of lambs except for 110lb+ reached a 5 year price low in June.  In the…

Ontario Lamb Prices at 5 Year Low

2012 started out with the highest lamb prices recorded to date for Ontario lamb.  Traditionally price drops in June and perhaps a little more throughout the summer and early fall and starts to rise again in November for the Christmas market.  As illustrated by the 80 -94 pound price graph below, the price dropped in June, continued to fall into September and did not increase for the Christmas market.                    5 Year Average Market Price by Month 80 – 94 lb Lambs In 2013, live auction prices in Ontario have remained low with the January and February average price per hundred weight $70 lower than 2012.  Lamb prices tend to cycle up…