Lamb Factories Paying Well Above Quotes to Get Supplies

IFA National Sheep Chairman Sean Dennehy said lamb supplies are not that plentiful with factories having to pay well above quoted prices to get supplies.

He said farmers are moving stock at €6.00/kg with top prices of €6.10/kg paid. He said farmers sold lambs earlier this week to tops of €6.20/kg.

Sean Dennehy said some factories are adopting a very irresponsible approach by quoting low prices to try and undermine the market and panic farmers into selling. He said farmers should select lambs carefully and only move lambs as they become fit.