Benchmark lamb and mutton price indicators have kept rising this week after welcome rain across wide areas of NSW and Queensland.
Australia's sheep nunbers are set to fall to levels not seen since 1904 but sheepmeat exports are tipped to keep booming.
Another month and the same story of China and the United States dominating Australia's sheepmeat exports.
The Australian wool market has shrugged off concerns about coronavirus, rising 30c at sales last week.
Meat and Livestock Australia says the delay to the launch of this year's summer lamb campaign was due to the difficult times caused by horrific bushfires.
Lamb prices shot through the $300 barrier at Ballarat and Bendigo this week despite fears about the impact of coronavirus on exports to China.
The Australian wool market underwent a swift and violent reaction to the coronavirus outbreak in China.
Rabobank's head of food and agribusiness research, Tim Hunt, says coronavirus no threat to wool and sheepmeat exports if controlled quickly.