S5 Ep28: What's driving the record high prices for lamb?
The Weekly Grill22 Aug 2025

S5 Ep28: What's driving the record high prices for lamb?

With frenched cutlets now selling in some metro butcheries for $95/kg. and even the humble shank retailing in supermarkets for the equivalent of $7.50 each, domestic lamb prices are today testing the boundaries of what the market ever thought possible.

But even at those ticket prices, independent retailers say there is no margin in lamb at current wholesale levels, two leading independent butchers tell Weekly Grill podcast host Kerry Lonergan in today’s episode.

Successful Brisbane butcher Tim Walsh, and Sydney retailer Stephen Kelly, who owns and runs five large shopping centre butcheries across Sydney and Newcastle, give their views of the red meat retail landscape in the current cycle of record high prices. The pair are joined by regular podcast contributor, analyst Matt Dalgleish from Episode 3.

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