IFA says processors paying up to €3.85 per kg for lambs

SOME processors raised lamb prices this week by up to 5 cents per kg (2p per lb) in a move welcomed by sheep farmers.

At a number of plants, prices increased to 365 cents/kg (130p/lb) plus the usual bonus payments, while the remainder have maintained their quotes at last week’s level of 360 cents/kg (128p/lb).

In the marts, the trade is reported to be holding strong, with butchers lambs selling for up to €38 over this week, and factory lots ranging up to €26 over.