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Event Brief

Lamb Prices Surge to $500 Amid Supply Shortage

Australian sheep and lamb prices rise as supply dwindles, raising questions about consumer willingness to pay.
WHO: Australian sheep and lamb producers
WHAT: Prices of sheep and lambs hit $500
WHEN: Mar 28, 2026 at 12:38 AM ET
WHERE: Australia
WHY: Supply dwindling towards record low
Sources (1): ABC Australia

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