Lamb supplies tighter, says IFA sheep chairman
Staff Writer | September 27, 2017
Meat trade Factories are looking for stock
IFA National Sheep Committee chairman John Lynskey said lambs are a bit tighter at the factories this week, and with sterling back at 88p/€, the influx and influence of Northern lamb imports will be less.
He said factories are looking for stock and paying from €4.70 to €4.80/kg with top-ups for groups and larger lots.
John Lynskey said lamb prices in the UK, according to the ADHB, are reported at £4.04/kg for week ending 16/9/17, which is the equivalent of €4.83/kg.
He said the change in sterling back to 88/89p/€ has made a significant difference. He said this should also slow down imports from Northern Ireland into the factories in the south. ■