Lamb prices bounce back 10c/kg

With supplies of well-finished lambs reported to be on the tight side, suppliers to the factories are reporting that deals returning 740c/kg are well within the going range, writes Martin Ryan.

With supplies of well-finished lambs reported to be on the tight side, suppliers to the factories are reporting that deals returning 740c/kg are well within the going range.

There is a bit more brightness in the sky over the lamb trade at the factories for this week with the reversal of the downward trend positive for producers.

There appears to be a good level of interest from the factories in getting supplies for the week and they've added 10c/kg to their quotes which is encouraging.