Lamb price hopes depend on Board Bia

The lamb trade has retained the gains of the past two weeks, without any further improvement in price paid by processors this week.

Much reliance is now being placed on Bord Bia promotions for lamb in France to give the market a boost, and the first signs of a lift in demand appeared over the week-end.

Processors this week quoted base prices ranging from 378 to 384 cents/kg (135p to 137p/lb).