No Christmas bonus for disappointed sellers
The Christmas trade for lambs was most disappointing to producers who had hoped for a push in prices to meet seasonal demand, which did not materialise.
Producers who had held back lambs in the expectation of an improvement in the trade in the run up to Christmas ended up instead adding to the downward pressure on prices, as they off-loaded stock in the weeks immediately before Christmas, allowing the processors to cut prices as supplies came easily.