Farmers must resist low lamb price

Farmers should be in no rush to sell lamb at lower prices, says IFA sheep committee chairman Laurence Fallon.
Farmers must resist low lamb price

Despite a stable market in France and strong prices in Britain, the Irish lamb factories have tried to pull back prices without justification, he said.

He said some factories paid up to €3.65/kg (130p/lb) for lambs this week and were trying to move their quotes as low as €3.44/kg (123p/lb).

He said lamb supplies are tight and farmers should resist selling at the lower prices. The British market is very strong at €3.75/kg (134p/lb) and the French market is returning up to €3.65/kg (130p/lb).

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