The sheep and lamb markets have an optimistic outlook for this fall

Livestock analysts are pleasantly surprised at price outlooks for sheep and lamb this fall.

Sheep and lamb slaughter is up this year by 4 percent and herd numbers are down 2 percent, and it is why market analysts are surprised at the price increases. Demand is a big factor, too, especially in the Western United States.

Researchers are keeping a close eye on cold storage numbers, which were down 7 percent earlier this year. Prices tend to get stronger before and after the third quarter.

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