China does not compete with the Middle East for sheep meat
Unlike what happens with beef, in the case of sheep meat, the best prices are found in the Middle East. Sheep supply in Uruguay is very limited, but some deals are still being closed. One trader mentioned reference prices of US$ 4,200 per ton for 6-way-cut mutton and US$ 3,800 per ton for carcasses. Lamb carcasses reach US$ 5,200. Another source added that lamb carcasses under 18 kg are being paid at US$ 5,300–5,400 per ton.
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