Lamb prices at record high within ASB index

Key highlights   The ASB Commodity Price Index hit another all-time high in USD terms over the past week. The sheep/beef and forestry index are also at all-time highs on an individual basis. The NZD lifted over the past week, increasing to over 0.80 versus the USD over the past 24 hours         Report prepared by: Chris Tennent-Brown Economist Phone: +64 9 374 8819 Fax: +64 9 302 0992