Understanding Lamb prices
Raw materials and production
Poultry and sheep production convert feed, land and husbandry inputs into meat. The species have different growth cycles and management requirements. Processing, grading and cold-chain handling create additional costs after animals leave the farm.
Applications and consumption
Households, food service and meat processors consume these products. Consumer preferences, portion sizes and substitution with other meats affect demand. A market reference for a defined meat product is not equivalent to every cut or prepared retail item.
What affects Lamb prices?
Feed costs, animal health, flock or herd size and processing capacity influence supply. Weather, trade flows and consumer demand affect market prices. Product form, origin, quality and storage conditions are important when comparing wholesale references with local retail offers.
How to read Lamb price today
This page follows Lamb in Lamb. The price type is Monthly average, with values expressed in USD/kg. Compare quotations only after matching the product specification, unit, market and publication period. Changes in the chart describe the recorded series; they do not measure every transaction in the wider market. A local purchase may include freight, processing, taxes or dealer margins. Differences in quality or delivery conditions can therefore produce a different final cost even when the reference price is unchanged.
This is a monthly series. Its latest value belongs to the displayed publication month; a monthly average, settlement or contract reference is not an intraday price today.
Further reading: FAO — commodity markets and trade ↗
Frequently asked questions about Lamb
What is Lamb price today?
The latest available value is 7.26 USD/kg, for September 2026. It represents Monthly average. Check the displayed period and market before treating it as a quotation for a purchase today. This is a monthly series. Its latest value belongs to the displayed publication month; a monthly average, settlement or contract reference is not an intraday price today.
What affects Lamb prices?
Feed costs, animal health, flock or herd size and processing capacity influence supply. Weather, trade flows and consumer demand affect market prices. Product form, origin, quality and storage conditions are important when comparing wholesale references with local retail offers.
What is Lamb used for in everyday life and industry?
Households, food service and meat processors consume these products. Consumer preferences, portion sizes and substitution with other meats affect demand. A market reference for a defined meat product is not equivalent to every cut or prepared retail item.
Why can local Lamb prices differ from this chart?
Local offers may include delivery, processing, taxes and commercial margins. Differences in quality, product form, market and contract timing can also change the price. Compare the same specification and unit before drawing conclusions.
Where can I compare historical Lamb prices?
Use the price chart and dated history table on this page, or download the CSV. Choose a period and keep the market, product and units consistent. Missing publication dates are not filled with invented observations.