Spring lamb prices have taken a hit with factory quotes dropping a further 10p/kg this week to 450p/kg, although deals are still being made at 10p/kg above base.

Last week prices fell by 20p/kg to 460p/kg, which means £6 to £7 has come off the value of lambs in under a fortnight. The price drop has been caused by a number of factors. Demand is slow for new season lamb with local butchers and wholesalers the main market outlet at present.