Very disappointing early price for spring lamb
New season lamb in the UK strengthened to the equivalent of 466 cents/kg (166p/lb), gaining up to 25p/kg over the previous week. But prices at Irish factories slipped by a further 15 cents/kg (5p/lb) for spring lamb this week, bringing the base price on offer down to 435 cents/kg (155p/lb), which is very disappointing for sheep farmers so early in the season.
The supply of lambs to the factories here is between 42,000 and 43,000 per week.
