Prices for lambs cut 10 cents/kg at fac­to­ries

Irish Examiner - Farming - - FARMMARKETS - Martin Ryan

There was an eas­ing in lamb prices at some of the fac­to­ries this week, end­ing the sta­ble price run of the past cou­ple of weeks.

In a mixed trade at the fac­to­ries, the vari­a­tion be­tween prices quoted by pro­ces­sors has widened to 20 cents/ kg.

A re­duc­tion of 10 cents/kg has brought the base for lambs back to 440 cents/kg at some fac­to­ries this week, while other have main­tained their quotes at last week’s price, re­sult­ing in a price range of 440-460 cents/kg for the week.

As usual, the bonus for qual­ity is added, and sheep farm­ers are suc­cess­fully ne­go­ti­at­ing deals at 10-15 cents/kg over the quoted price, par­tic­u­larly in ar­eas where sup­plies are tight. At the marts on Mon­day, num­bers on of­fer were av­er­age, and there was an im­proved trade. There was an en­try of 450 head at Cor­rin Mart where the trade re­turned up to €68 over for butch­ers lambs, while the fac­tory lambs sold for up to €58 over.

In Bri­tain, the lamb trade stead­ied last week, fol­low­ing a three-week pe­riod of fall­ing prices,

The re­cov­ery is partly at­trib­uted to auc­tion mar­ket through­puts fall­ing by 7% week-on-week to 94,377 head. In France, the trade re­mained un­changed from pre­vi­ous weeks, with the mar­ket de­scribed as “quite weak”.

Grade 1 car­cases were trad­ing be­tween 450 and 470 cents/kg last week, and grade 2s were trad­ing be­tween 420 and 430 cents/kg. There were no pro­mo­tions run­ning in French shops last week for lamb.

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