Table 1
I spoke to some farmers with lambs to sell, and they are not concerned that the trade will collapse.
“The factories are trying to manufacture the idea that prices will come back but the reality is they need sheep and what they’re really at is trying to edge lower ahead of having to put the price up in the run-up to Easter and Ramadan,” one prominent midlands producer said.
Sean Dennehy of the IFA said: “Farmers are rightly holding out for prices of €6.40 and €6.50/kg which were available at the end of last week, in similar market conditions and have set these prices as their base line.”