Mart prices up €20/hd across board but factory quotes stagnant

And hints are emanating from processors that things might be about to get worse

The sheep kill for the week ending January 7 was 46,351 — back 5,409 on the same week last year. Photo: Roger Jones

Martin Coughlan

The sheep business this week has shades of Dr Jekyll and Mr Hyde: a much-improved mart trade but a stagnant factory trade with dark hints emanating from processors that things might be about to take a turn for the worse.

All marts since the start of the year have reported week-on-week improvements in live prices — to the end of last week all sheep were up an average of €20/hd.