Lamb Prices: Hint of brighter times ahead as prices level off
The word from the factories is that trade has steadied.
This week's prices are more or less a mirror image of where we were last week, with factory quotes excluding various bonuses running from €4.50-4.70/kg for lamb.
In among the figures is a little nugget that may indicate positive times to come, Dawn Ballyhaunis yesterday added a bonus figure of 5c/kg to their official quote of €4.50/kg.
While it doesn't pull them out of last position, it shows that the Mayo factory is intent on keeping some pressure on their local opposition.
That opposition regionally is Kepak Athleague, who maintain their price at last week's level of €4.65+5c/kg bonus.
Moyvalley Meats were quoting an uncomplicated €4.70/kg for lamb yesterday morning.
Moving back down the table, we find the ICM heavy hitters who control over 40pc of the sheep kill and whose influence on the overall price would not want to be underestimated.
That size of kill continues to enable them to sustain their business even as they lag 10c/kg behind both Kepak and Kildare at €4.50+10c/kg.