Lamb prices are on the up and up this week

Lamb trade in factories is stronger this week with numbers at the factories tighter, said IFA sheep chairman John Lynskey.

The IFA criticised meat plants for the loss-making prices offered to farmers. Prices are down 65c/kg or €15 per head versus 2016. With weight cuts, the losses are as high as €20 per lamb.

However, Mr Lynskey said prices of €4.80 to €4.90 per kg are on offer this week, with some deals for more being negotiated.