The IFA sheep committee will meet with processors following factory attempts to reduce lamb prices.
Sean Dennehy, the IFA sheep chair, has called on farmers to not sell lambs until they have reached optimum liveweights, as the supply of fleshed lambs remains limited.
“Farmers should sell hard while moving lambs at optimum weights to maximise returns and take back control from factories. €6.40 per kg is paid in most factories today, with some deals to €6.50/kg despite ongoing attempts by factories to reduce prices further,” he said.
Mr Dennehy explained that buying has started for the Muslim festival of Eid al-Adha in July which has made factories “very anxious to secure supplies.”
The IFA sheep chair said farmers should resist low prices as factories look to fill orders for the Eid festival.
LSL News.