Sheep
Spring lamb supplies have eased somewhat in recent weeks, as farmers have opted to hold onto their lambs rather than offloading them.
Most lamb prices are up 5c/kg this week, after quotes remained unchanged last week. This news will be welcomed by many producers.
Lamb prices are up 10-15c/kg this week, after quotes dropped below €5/kg last week. Today's base prices currently stand at 490-505c/kg.
Some factories have dropped spring lamb quotes by another 25c/kg this week; meaning that in just two weeks, factories have slashed lamb prices by up to 45c/kg.
Spring lamb quotes have dropped again this week and some factories have acted to knock up to 20c/kg of prices.
Spring lamb supplies have eased somewhat in recent weeks, as farmers have opted to hold onto their lambs rather than offloading them at low factory prices.
Some improvement has been witnessed in the spring lamb trade and factory buyers have opted to increase quotes by 5-15c/kg.
The spring lamb season is really starting to gather speed, but farmers selling lambs are facing the prospect of lower prices.
