Prices for lambs cut 10 cents/kg at factories
There was an easing in lamb prices at some of the factories this week, ending the stable price run of the past couple of weeks.
In a mixed trade at the factories, the variation between prices quoted by processors has widened to 20 cents/ kg.
A reduction of 10 cents/kg has brought the base for lambs back to 440 cents/kg at some factories this week, while other have maintained their quotes at last week’s price, resulting in a price range of 440-460 cents/kg for the week.
As usual, the bonus for quality is added, and sheep farmers are successfully negotiating deals at 10-15 cents/kg over the quoted price, particularly in areas where supplies are tight. At the marts on Monday, numbers on offer were average, and there was an improved trade. There was an entry of 450 head at Corrin Mart where the trade returned up to €68 over for butchers lambs, while the factory lambs sold for up to €58 over.
In Britain, the lamb trade steadied last week, following a three-week period of falling prices,
The recovery is partly attributed to auction market throughputs falling by 7% week-on-week to 94,377 head. In France, the trade remained unchanged from previous weeks, with the market described as “quite weak”.
Grade 1 carcases were trading between 450 and 470 cents/kg last week, and grade 2s were trading between 420 and 430 cents/kg. There were no promotions running in French shops last week for lamb.