Lamb prices gain as much as 20 cents/kg

There is some recovery in the trade for lambs at factories this week, with prices moving upwards as much as 20 cents/kg.

There is more variation between processors on lamb prices this week than usual, with the base prices on offer ranging 440-460 cents/kg, before the bonus payments applicable for quality are added.

Competition for lambs is helping sheep farmers who are willing to shop around to get the best prices from processors who are under pressure to get sufficient supply.