Recent recovery in lamb prices didn’t last long
The factory quotes for the week are down by between 6 and 14 cents/kg (2 to 5p/lb), reversing a recent recovery in prices — a disappointing turn to the trade for sheep farmers.
Base prices at the factories for this week were quoted at 365 to 360 cents/kg (130 to 128p/lb). The weekly supply of lambs to the factories is nearly 20% down on the same time last year, and year to date throughput of lambs is running at 13% less than 2006.
