Slower trade in France blamed for lamb price cuts of up to 14 cent

LAMB prices have gone into reverse mode again this week at the factories, where cuts of up to 14 cents/kg have been inflicted, while at the marts, a quieter trade has reduced returns by up to €3/head.

Larger supplies on the French market contributed to slower trading.

Factory prices dropped by 10 to 14 cents/kg (3p to 5p/lb), with the base quotes at 370 cents/kg (132p/lb), plus the usual bonus payments for quality.