Steady lamb prices with deals up to 800c/kg for regular suppliers

Expectations are that trade will remain stable in the immediate future

Supplies are currently well balanced with demand, which is positive for producers.

The lamb trade at the factories is maintaining its steady run of recent weeks, with prices remaining unchanged this week.

Quoted base prices for lambs continue to range 750–770c/kg, plus the quality assurance bonus of 10–20c/kg depending on the factory. This provides a gross return of up to 780c/kg.