Confidence grows in sheep sector as autumn trade stabilises

The return to stability in the trade has helped to instil a bit more confidence in producers for a more positive run of trade to the end of the year
Confidence grows in sheep sector as autumn trade stabilises

Reports are that there is reasonable interest at the factories, and suppliers with larger numbers of quality lambs to offer are negotiating for 780c/kg, and in some deals up to 790c/kg or even a few cents per kilo more.

There was no change in the lamb prices at the factories this week as the trade entered a steadier phase and supplies to the processors remained tight.

In general, the lambs are being quoted at 750–760c/kg plus the quality assurance bonus, which can add up to 20c/kg to the returns for the qualifying lambs.

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