Plenty of uncertainty as lamb prices take a hit

It has been another difficult week for lamb producers with prices under pressure at the factories as the trade slips further behind.

Plenty of uncertainty as lamb prices take a hit

The quoted prices for lambs at the factories have dropped by 10-20 cents/kg with more uncertainty in the trade at the processors who have adopted a cautious approach to committing for more than a day or two forward.

There is unison between the processors on the base price for this week at 530 cents/kg plus the usual bonus payments for quality which is worth between 6 cents/kg and 10 cents/kg.

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