Tightening numbers force some factories to inch quotes upwards

Reports from the ground suggest that trade is steady, with lambs selling from €6.30-6.50/kg and cull ewes continuing on €2.70-3.10/kg. Photo: Roger Jones

Martin Coughlan

With weekly numbers continuing to lag behind those from this time last year, the ICM group lifted their quote for lamb by 10c/kg over the weekend to €6.10+20c/kg quality assurance.

This is an indication that tighter numbers are forcing factories to monitor their opposite numbers closely in the pursuit of supplies.