Factories slash up to 50c/kg off lamb quotes

'It was always expected that the factories would pull prices significantly once we got past Ramadan, Easter and Eid'. Photo: Brian Farrell

Martin Coughlan

Factory quotes for sheep continued to plummet, with lamb down 30-50c/kg, hogget back 50c/kg and cull ewes dropping 10c/kg.

Leading yesterday’s charge downwards were the ICM group, who lopped 50c/kg their quote for both hogget and lamb, and cut 10c/kg off cull ewes. This leaves them on €3.90/kg for culls, €8.00+20c/kg quality assurance for lamb and €7.00+20c/kg QA for hogget.