The sheep trade continues to benefit from upward factory price momentum. A number of mart managers report that sales are benefiting on two fronts – prices have experienced a further lift of €1 to €2 per head this week while the strength of competition between factory agents, butchers and wholesale buyers and the large differential in factory prices is encouraging producers with lower negotiating power to present lambs in mart sales.

Factory agents and butchers are willing to drop down on weights in a bid to get their hands on higher numbers