Pressure on lamb prices eroding producer returns
Sheep for sale at Kenmare Mart. The factories quoting for supplies this week are offering a base of 670c/kg.
The pressure on lamb prices at the factories is continuing to erode producer returns this week with most of the processors having reduced their quotes further.
The price has been coming from a record high which does have the benefit that they are still in positive mode compared to other seasons, but the cost of production keeps rising and has to be put into the equation.
