Easter push edges quotes up­to650c/kg

Irish Independent - Farming - - Front Page -

Kil­dare is of­fer­ing the top price for hoggets with its quote of 574c/kg plus 6c/kg plus 5c/kg. Moy­val­ley is un­changed at an all-in 580c/kg. The ICM plants and Dawn are at the same level of 570c/kg plus the bonus, while the two Kepak plants are quot­ing 560c/kg plus 5c/kg.

If farm­ers are sell­ing at what they are be­ing quoted, they are los­ing a lot of money as prices be­ing paid to hard sell­ers are well in ex­cess of the quoted fig­ures.

The IFA's James Mur­phy said spring lambs were mak­ing 660-680c/kg to 21kg, while 615-620c/kg was be­ing paid for hoggets.

Kil­dare has made it a clean sweep over all the cat­e­gories by also pay­ing the top price for cull ewes with its quote of 330c/kg. Both ICM plants and Kepak Hack­et­stown are of­fer­ing 310c/kg. The west­ern plants are on 300c/kg. Again, a bit of bar­gain­ing could pay off here, as up to 350c/kg has been paid.

Mean­while, Bord Bia re­ported that the trade re­mained firm over the past week, helped by a build-up in de­mand in ad­vance of Easter, while sup­plies re­main tight. Quotes for hoggets stood at around € 5.90/ kg, while quotes for spring lamb were gen­er­ally around € 6.40/ kg. With man­u­fac­tur­ing de­mand show­ing lit­tle signs of eas­ing, the cull ewe trade re­mained strong as quotes re­mained un­changed at €3/kg.

In Bri­tain, the hogget trade eased slightly in re­sponse to stronger sup­plies of spring lamb emerg­ing onto the mar­ket. The live mar­ket prices made the equiv­a­lent of €6/kg dead­weight in­clud­ing VAT by the week­end. De­spite spring lamb sup­plies strength­en­ing, prices were around €6.90/kg by the week­end.

In France, some pro­mo­tional ac­tiv­ity helped main­tain de­mand for sheep­meat. This, com­bined with tight sup­plies of Ir­ish prod­uct, has im­proved prices for Ir­ish grade 1 hoggets to €6.31/kg in­clu­sive of VAT.

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