MEAT & Livestock Australia managing director Jason Strong appeared on national morning television program Sunrise recently, quizzed by the hosts about the lack of response in retail pricing for lamb in the face of this year’s livestock price collapse.
Rightly or wrongly, there’s clearly a growing view amongst some consumers that supermarkets are this year profit-taking at the expense of lamb and beef producers who have watched their livestock prices slashed by a half to two thirds since the start of the year.
Supermarkets have applied some modest retail price reductions on some…
