Processors warn of lamb price slump
On top of last week’s cuts, processors have slashed up to 20 cent/kg more off prices, severely reducing the value of lambs.
Almost all of the factories this week are quoting 520 cent/kg (186p/lb) plus the quality bonus. The exception is the Co Kildare based Moyvalley Meats, offering an all-in 510 cent/kg.