LAMB SUPPLIES TIGHTER

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LAMB SUPPLIES TIGHTER
25 Sep 2017

LAMB SUPPLIES TIGHTER

Sheep

IFA National Sheep Committee Chairman John Lynskey said lambs are a bit tighter at the factories this week, and with sterling back at 88p/€, the influx and influence of Northern lamb imports will be less.

He said factories are looking for stock and paying from €4.70 to €4.80/kg with top-ups for groups and larger lots.

John Lynskey said lamb prices in the UK, according to the ADHB, are reported at £4.04/kg for week ending 16/9/17, which is the equivalent of €4.83/kg. He said the change in sterling back to 88/89p/€ has made a significant difference. He said this should also slow down imports from Northern Ireland into the factories in the south.

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