Ewes prices peaked at a national record of $402 at Naracoorte today.

Lamb prices in the north were boosted by the prediction of rain, with buyer competition intensifying against a shortage of numbers at southern selling centres.

Prices for lambs are reflecting supply and seasonal conditions in different production areas, leading to mixed trends.

After some extremely turbulent weeks, the lamb market appears to have stabilised.

It has not been a walk in the park for the developing corn crop since planting.

We are into the last four weeks of winter and surprisingly numbers have remained high at all selling centres.

Are we seeing a lamb market correction or is this a holding pattern until new season lambs come on board?

The Stock Take: Mecardo's Angus Brown writes about rising lamb prices.

Early wheat production in Argentina are forecasts at a record 21.2 million tonnes.

Top quality lambs continue to attract solid competition at saleyards right across NSW and the season topping highs show little sign of slowing down.