Lamb prices up a further 10-20c/kg

Suppliers are reporting that up to 750c/kg is being paid by the processors this week to get sufficient intake to supply market demand.

Suppliers are reporting that up to 750c/kg is being paid by the processors this week to get sufficient intake to supply market demand.

Another positive week for the lamb trade with supply tight and prices rising, driven by demand.

Factory quotes have increased 10-20c/kg, driven by competition between processors for supplies as the base prices rise to 520-530c/kg, plus the usual bonus for quality assurance worth another 10-20c/kg.