Sheep farmers watchful as prices tapering off

The sheep trade at the factories is steady at unchanged prices this week with the upward pace of recent weeks appearing to have tapered off.

The factory quotes are similar to last week at 550c/kg plus the usual bonus payments for quality as applicable.

However, it is to be noted that some of the factories were showing more caution this week and holding back on quoting during the early days while monitoring the market trends.