5 cent/kg extra for factory lambs this week

LAMB prices have made another slight gain, as supplies remain tight and markets stable.

Factory quotes for this week are showing an increase of 5 cents/kg (2p/lb), which has brought the base price to 370 cents/kg (132p/lb) — a move in the right direction for sheep farmers.

The increase had not filtered through to the mart sales early this week, where prices just about held their own in dull trading.