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Shortage of supply drives lamb prices upwards

Independent IE

“As is the general rule of thumb, the livestock trade is dictated by supply and demand. With numbers of sheep on offer remaining small, prices have lifted in response, resulting in many buyers not being able to fill their orders.”

This is George Candler's summation of his sheep sale in Kilkenny yesterday. It's a summary that applies to all marts in the last week, and with very little tweaking you could also apply it this week to the factory trade.

“As is the general rule of thumb, the livestock trade is dictated by supply and demand. With numbers of sheep on offer remaining small, prices have lifted in response, resulting in many buyers not being able to fill their orders.” “As is the general rule of thumb, the livestock trade is dictated by supply and demand.

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