Only minor hogget price changes despite weaker French demand

HOGGET prices continued relatively stable at the factories this week, with only minor changes in quoted prices, although demand appears to have weakened a little, reflecting the trend on the continent.

Quoted prices for hoggets, which weakened through the second half of last week, recovered most of the decline when the week’s trade opening on Monday, leaving prices on offer to producers either steady or no more than 3 cents/kg back on the beginning of the previous week.

The base price on Monday was 342 or 341 cents/kg (122p) and this price held for Tuesday’s kill, although fewer factories were operating.