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Peak buying for the Islamic religious festival of Ramadan, which started on 22 March, has added another 20c/kg to hogget prices.
The general run of hogget prices ranges from €6.50/kg to €6.75/kg, depending on seller negotiating power, with factories keen to maximise throughput.
Reports show prices at the top of the market are exceeding this level, with sellers handling large numbers in a strong selling position.
The festival of Ramadan finishes on 20 April but with Easter Sunday falling on 9 April, it is likely to keep a strong floor under demand.
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