Market Morsel
Overall live sheep export streams continue to climb up as we head towards the middle of the year. April 2023 saw 89,475 head of sheep delivered offshore, up almost 72% from the levels exported in March. In spite of the continued grind greater overall live sheep streams stay listed below the five-year typical pattern, with April running 23% under the typical seasonal pattern.
Kuwait stays the essential location for Aussie sheep, taking around 53% of the marketplace share of the trade up until now in 2023. Jordan has actually gained back 2nd location in regards to market share after investing 2022 being in 4th area. Jordan represents almost 10% of the circulations up until now this year, simply ahead of the United Arab Emirates on a little over 9% of the trade.