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Despite sheep factories’ best efforts, the big pull on prices was not as successful as they would have hoped.
Factories pulled back quotes by 30c/kg last week, which many believe was an attempt to squeeze out more numbers.
Most farmers are securing prices in excess of €5.50/kg excluding bonuses. When bonuses are taken into account, prices of €5.60/kg to €5.65/kg are common. Producer groups are working on a base of €5.40/kg to €5.45/kg.
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