Sheep prices hold steady but factories tighten grip

While current prices are strong by traditional returns, the Islamic religious festival Ramadan has usually been relied upon to give a boost to the trade, but 2025 is so far not delivering

For the most part, the base for the lamb/hoggets remains unchanged at 880c/kg, plus the usual bonus for quality adding 10-20c/kg. File photo: Domnick Walsh © Eye Focus LTD

There is slightly more uncertainty about the direction of the trade at the factories this week on price, while demand remains stable overall.

Some producers are finding it harder to get quotes forward for supplies for the later days of the week, and there is a general feeling of a hardening by the factories on the price movement, all of which is creating an air of more uncertainty among producers.