Lamb prices steady after heavy losses

Lamb prices were steadier over the past 24 hours after the heavy losses of the past two weeks, but the indicators are not signalling any immediate recovery in factory prices.

Prices have fallen by over 40 cents/kg (14p/lb) from a base of 409 cents/kg to 368 cents/kg which is being quoted by Dawn and Ballyhaunis, while the base price across the factories yesterday ranged 381-368 cents/kg.