Bank holiday slows lamb sales but demand holds steady

There is still demand for lambs at the plants at the lower prices, and demand held steady for all lots at the live sales at the marts on Monday

Base for lambs at the factories is 750–755c/kg, plus the bonus for quality assurance adding up to 20c/kg, depending on individual factory pricing.

After the downturn in the trade for lambs at the factories hitting prices last week, there is a continuing quiet tone to the market this week.

Processors are reporting markets are “sluggish” and returns have weakened on the back of a dip in consumer demand for lamb, which is being reflected at the factories this week.