Market falls back by about 3 cents per kg

THERE is very little change in factory prices for hoggets, compared to a week earlier.

Omens from the UK and France are more positive, and tight supply continues to lift the market.

Base prices at factories are ranging from 375 to 378 cents/kg (134p or 135p/lb), with the usual bonus payments of up to 6 cents/kg (2p/lb) on offer for quality. Overall, that leaves the market about 3 cents/kg (1p/lb) back from last week.