Australia is facing a sheep crisis, as farmers have more woolly animals than they can handle and are forced to either kill them or give them away for free, CNBC reported.
The country’s mutton market has collapsed, as prices have plunged 70% in a year to just $1.23 per kg, according to data from Meat and Livestock Australia (MLA).
Australia’s recent wet weather is a factor.
The reason behind the sheep surplus is the unusually wet weather that Australia has experienced in the past three years, which has boosted grass growth and sheep reproduction in regions like New South Wales and…
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News Source: interestingengineering.com