Record-breaking lamb prices being paid to processors

Quoted prices at the plants have been increased by 15-30 cents/kg

Producers are reporting that the factories are paying 830-840 cents/kg to get sufficient intake. Picture: Eamon Coyle

The lamb trade is only heading one way these weeks and producers can't believe their eyes or their ears at the record-breaking prices being paid.

For the second consecutive week, the hogget/lamb prices at the live sales at the marts are setting new record prices for the sector, while the processing plants are under pressure to source sufficient amid their increased price offerings.