Little change in lamb price

There is no overall change in prices on offer for lambs at factories for this week, with any tweaking in the upwards direction, thanks to continuing strong demand and relatively tight supply.

Moyvalley Meats is continuing to set the price pattern at an all-in 535 cent/kg (191p/lb) quoted. Other processors range between 525 and 520 cent/kg plus quality bonus.

Supplies are reported tight in all areas. As a result, sheep farmers say they are negotiating 10-15 cent/kg over quoted prices.