Retail Cost Of Lamb Cuts On The Up While Farmer Returns Fall
A recent lamb price survey has suggested that retailers are charging consumers more for the main lamb cuts, while the farmer price continues to fall.
The Irish Farmers Association (IFA), who commissioned the survey, said that the farmer price has fallen by sixty cents per kilogram in the last four weeks.
'A Fair Share'
IFA National Sheep Chairman Sean Dennehy said farmer prices are down up to €15 per lamb on this time last year, while retail prices are more or less the same as last year.
Dennehy said that the factories and the retailers are ‘pocketing this extra margin at the expense of farmers and consumers’.
Dennehy cited figures from Kantar which showed that the average retail price of lamb is €10.09/kg for the last year, but farmers are seeing none of that return.
He called on retailers to review their pricing policies and return a fairer share of the retail price to the farmer ‘who does the vast majority of the work in the supply chain’.
He added that farmers could not take any more price cuts, and called on the factories to stop cutting lamb prices and ‘to stop undermining the market’.
© 2019 Checkout – your source for the latest Irish retail news. Article by Aidan O’Sullivan. Click sign-up to subscribe to Checkout.