ANALYSIS: US Lamb Holds Its Breath as Tight Supplies Meet Holiday Buying
August is traditionally the quietest month for US lamb consumption. Summer heat, fewer retail promotions, and the gap between spring holidays and the Q4 buying season keep interest limited. Despite this seasonal slowdown, prices remain at record highs. US carcass lamb EBPs for weight classes 45 to 85 is trading at $6.15/lb, nearly 40% above last year, while the 204 Rack, 8-Rib EBP reached a 52-week high of $15.625/lb. Supplies remain tight, with...
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