Lamb prices slip on reports of weaker market
Demand remains steady, while the prices have slipped at the live sales at the marts.
The lamb prices have slipped again this week with the processors cutting the returns to suppliers by 10-20 cents/kg on reports of weaker markets for lamb meat.
More of the shine has been wiped off the lamb trade at the factories with the prices cut to 600 cents/kg this week, further denting confidence in the sector. The quality bonus of up to 10 cents/kg remains in place as applicable.
