‘The estimated market price for a 120 lb. Alberta market lamb trended above the 5-year average for most of 2020,’ says Jason Wood, provincial livestock market analyst with Alberta Agriculture and Forestry.
In the last quarter of 2020, October to December, the Alberta market lamb price increased 18%. In the first part of 2021, the estimated price for a 120 lb. market lamb averaged $280 per head ($2.33 per lb.), 14% higher than in 2020 and 25% higher than the 5-year average.