Factories down to 336 cents/kg (120p/lb)

LAMB prices have weakened further, with strong supplies on the home market, and a weaker trade in the UK and France, cutting returns to sheep farmers.

With prices having slipped through last week, the trade opened on Monday with prices back between 2 cents/kg and 14 cents/kg (1p to 5p/lb) to a base range of 342 back to 336 cents/kg (122p to 120p/lb).

Kildare Chilling increased their base price by 6 cents/kg (2p/lb) to 342 cents/kg for Tuesday, to pay the same as both ICM plants, at Navan and Camolin.