Upward trend in factory and mart prices for lamb continues

THE recovery in lamb prices continued at factories this week, as supplies tightened.

Upward trend in factory and mart prices for lamb  continues

Quoted prices are stronger by 5 to 10 cent/kg, continuing the trend of the past two weeks. There is very little difference between prices quoted at each factory for this week. Moyvalley Meats continues to offer an all-in 455 cent/kg (162p/lb), which may be slightly more attractive for some suppliers, depending on the quality of their lambs, than the 450 cent/kg plus bonus for quality which is being offered by all of the other processors. Supplies remain tight.

The trade in the marts is also stronger, with improvements of up to €5/head reported from last Monday’s sales.

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