Sheep producers welcome market stability

There is a slight upward trend in the market for the sheep at some of the factories this week with the demand holding stable.

The quoted base price at most of the processors is 500c/kg plus the usual bonus payments for quality as applicable to be added on. One of the processors has opted to increase the base to 520c/kg plus quality bonus and thee is also an all-in price of 540c/kg at one of the processors.