Lamb prices slump a further 20-30c/kg

On Monday, 340 head was on offer at Kilkenny Mart, the smallest sale of the year, but the lower entry contributed to demand, with prices holding up and full clearance on the day.

Most of the factories are quoting 780c/kg for the lambs this week, with up to 790c/kg at one of the processors.

The lamb trade has slipped back further this week, with the factories reducing their quotes by another 20-30c/kg to bring the return on lambs under €8/kg for the first time this season.

Most of the factories are quoting 780c/kg for the lambs this week, with up to 790c/kg at one of the processors, while processors continue to be interested in supplies.