Sheep Trade: Processors remain very anxious to get the lambs

The suppliers to the processors are reporting that up to 640 cents/kg is being freely paid

Processors are trying to stall further advances on the prices and the intake will be a big factor in determining the trend on price over the coming weeks.

While the overall demand for lambs at the processors continues strong some variations are emerging on the prices being offered by the processors as the trade continues to push forward.

The quoted prices from the processors for this week are 615 cents/kg at the majority of the plants with one processor improving their price to quote a base of 630 cents/kg with the usual bonus for quality, worth up to 10 cents/kg to be added to these prices where applicable.