IFA National Sheep Chairman Sean Dennehy said the lamb market has re-opened strongly today with factories offering from €5.70 to €5.80/kg for lambs.
He said prices are ranging from €5.65/kg to as high as €5.85/kg for suitable lambs.
Sean Dennehy said strong market demand and tight supplies are driving the trade. With Easter on the first week of April, factories are looking to procure supplies at this stage.
In addition, he said there is some pent up demand in the trade due to the weather problems of last week. He said the message from factories to agents is to gather everything they can and don’t let anything slip by.