No price commitment leaves lamb producers nervous
The price trend this week has been more variable than usual. While some processors maintained prices, quotes from others were reduced by up to 9 cents/kg (3p/lb).
As in previous weeks, there was a revision of the Monday quotes on Tuesday, with prices being cut back to a base range of 372 back to 364 cents/kg (133p to 130p/lb). The factories could given no price commitment to the end of this week, leaving producers fearing further cuts.
