Lamb prices bounce back up 15-20c/kg

Things are looking up again for Irish lamb producers as prices bounce back up 15-20c/kg.

After two weeks of decline, there has been a rebound on the hogget prices at the factories this week, with suppliers regaining some of the recent price drop.

Processors have increased their prices for the lamb hoggets by 15-25c/kg amid a tightening of the supply and urgency on the processors to get more intake.