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There is strong market demand for lambs early this week with factories paying €6.00 to €6.20/kg and top prices of €6.25/kg, according to IFA National Sheep Chairman Sean Dennehy.

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IFA National Sheep Chairman Sean Dennehy has said it is clear that the factories overcooked the price cuts last week and are having to reverse this week to get lambs.

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IFA National Sheep Chairman Sean Dennehy said the lamb market is expected to stabilise in the week ahead after what he described as “vicious factory price cuts last week of up to €1.00/kg”.

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IFA National Sheep Chairman Sean Dennehy has accused the factories of undermining the lamb market this week with unjustified and totally excessive lamb price cuts.

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IFA National Sheep Chairman Sean Dennehy has reported that the lamb trade remains strong this week, with tight supplies and factories very anxious for stock.

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