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Anger as factories continue to chop lamb price

THE meat plants have been accused of trying ‘to make a fast buck’ on the backs of sheep farmers with lamb prices now back by a euro per kilo, as compared to just over a month ago.

Farm leaders have said that the factories are trying ‘to tough it out’ before more finished lambs begin to come on the market over the next month or so.

Galway IFA Chairman,  Stephen Canavan, told the Farming Tribune that there was no good reason for the chain of factory price cuts over the past five weeks or so.

“All the information we are getting is that the supply of finished lambs is still quite limited but the factories have obviously taken a decision to cut now, before the number of finished lambs increase through the Autumn.

“It’s just another example of the meat plants trying to make a fast buck at the expense of the primary producer at a time when input costs for farmers have never been as high,” said Stephen Canavan.

Lamb prices are this week hovering at the €6.50 per kg mark – down from a high of over €7.50 per kg in late June, equating to a price drop for farmers of around €20 per lamb.

For more, read this week’s Connacht Tribune.

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For more, read this week’s Connacht Tribune:

Connacht Tribune Digital Edition App

Download the Connacht Tribune Digital Edition App to access to Galway’s best-selling newspaper. Click HERE to download it for iPhone and iPad from Apple’s App Store, or HERE to get the Android Version from Google Play.

Or purchase the Digital Edition for PC, Mac or Laptop from Pagesuite HERE.

Get the Connacht Tribune Live app

The Connacht Tribune Live app is the home of everything that is happening in Galway City and county. It’s completely FREE and features all the latest news, sport and information on what’s on in your area. Click HERE to download it for iPhone and iPad from Apple’s App Store, or HERE to get the Android Version from Google Play.

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