ICM plants up their quotes by 10c/kg

Irish Independent - Farming - - SHEEP RINGSIDE -

THE two ICM plants at Camolin and Na­van have in­creased their lamb quotes by 10c this week to €4.50+10c/kg qual­ity as­sur­ance.

This sees them close within 5c/kg of Kil­dare Chill­ing and Kepak Ath­league both of whom re­main on a €4.55+10c/ kg bonus. Dawn Bal­ly­hau­nis who were off the radar over the last few weeks are right back in the mix this week with their quote also of €4.50/ kg and 5c/kg bonus. Moy­val­ley Meats also move up­wards but only by 5c/kg onto 4.60/ kg, but that’s still 5c/kg more in the farmer’s pocket than was there last week.

Once it was clear that a 10c/kg rise for fac­tory lambs was in the pipe­line last week, lamb prices at the marts moved up by €1-2/hd.

There is a gen­eral ac­cep­tance among fac­tory buy­ers that num­bers are be­gin­ning to tighten but John Brooks of the ICSA says it will be next week be­fore you can re­ally tell how much the trade has moved on.

“There is no doubt that num­bers are tight­en­ing and prices did lift to­wards the end of last week to €4.80/kg for big­ger lots, but be­cause this is a short week some of the fac­to­ries are go­ing to try to play hardball again on price”.

He added that as of yes­ter­day prices for lamb were gen­er­ally still in the €4.70-4.75/kg area but that while €4.80/kg was still be­ing men­tioned, it was far harder got.

This will be a set­back for those who pre­dicted €4.90/ kg as be­ing pos­si­ble by next week­end.

Prices for cull ewes re­main un­changed with all plants with an in­ter­est in them con­tin­u­ing to pay €2.40/ kg — with var­i­ous bonuses in Kil­dare and Kepak.

The mart trade is cur­rently be­ing dom­i­nated by the store trade as both sheep and beef men go toe-to-toe ring­side.

How farm­ers will be­have on any given day when it comes to get­ting what they take a fancy to was well il­lus­trated by two buy­ers bid­ding a batch of 51kg lambs into €131/hd at Mount­bellew last week.

BE­CAUSE THIS IS A SHORT WEEK SOME OF THE FAC­TO­RIES ARE GO­ING TO TRY AND PLAY HARDBALL AGAIN ON PRICE

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