The recent surge in sheep prices continues, with lambs/hoggets reaching record prices for the time of year of €150/head.

Mart prices for lambs weighing upwards of 50kg are averaging from €142 to €148, with select lots hitting €150/head or higher.

Prices are being fuelled by insatiable factory demand with prices rising to €6.30/kg to €6.50/kg. Quotes of even higher prices are also being reported.