Lamb prices down 10c/kg 

Processors are blaming a weaker market for lamb as consumers react to the higher prices by reducing their weekly spend, writes Martin Ryan.

The general quote from the factories for this week is 850c/kg plus the usual bonus of 10-20c/kg for quality as applicable at the particular factory.

The hogget/lamb trade at the factories remains under pressure this week, with price cuts for the second consecutive week further reducing the returns to suppliers.

Factory quotes for the hogget/lambs have been reduced by a further 10c/kg across the factories as confidence in the trade continues to weaken.