MONTHLY live sheep exports from Queensland, Australia, have dived 16 per cent below the average export volume this year at 157,855, performing 11 per cent below the volume for this time last year.
The volume of sheep exports began rallying early this year from May, while export volumes peaked in August at a volume of 245,339 head.
The export volume peak was roughly two months prior to where a peak would usually be anticipated, according to usual seasonal trends.
The early peak is partly attributed to to the good season, which is allowed farmers to hold stock for longer and limit the supply to the export market.
The relatively high prices for mutton and lamb may also be limiting demand from overseas, therefore reducing the total volume of exports.