Upward price trend but exports to France hit

IT has been a relatively good week for lamb producers, with the prices either holding stable or rising.

There has been an increase in the number of processors paying at a base of 425 cents/kg, with the usual quality bonus applying, and most of the remainder quoting 420 cents/kg (150p/lb) plus the bonus, with the exception of Moyvalley where an all-in 420 cents/kg is quoted.

Supply has tightened, and there are reports of better than quoted prices being paid by processors in some areas.