Farm­ers re­sist price cuts as sup­ply tight­ens

Irish Independent - Farming - - SHEEP RINGSIDE -

THE QUES­TION among those in the know on the ground yes­ter­day was whether the trade was on the point of steady­ing up.

Two fac­to­ries, Kepak Ath­league and Kil­dare Chill­ing, both dropped their quotes for lamb this week by 5c/kg. Kepak also shaved 10c/kg off their cull ewe price, while Kil­dare de­creased their quote for cull ewe by 5c/kg.

How­ever, some be­lieve it is more sig­nif­i­cant that both Dawn and the ICM group chose to hold their prices at last week’s lev­els for both lamb and cull ewes.

John Brooks of ICSA be­lieves that while fac­to­ries were try­ing to buy lambs for a cheaper price over the week­end, re­sis­tance to any fur­ther price cuts won out in most cases. “Num­bers at fac­to­ries are start­ing to tighten,” Mr Brooks said.

The two ICMs and Dawn Bal­ly­hau­nis leave their prices un­changed at last week’s lev­els of €4.50+10QA (Qual­ity As­sur­ance) that still leaves them as the low­est pay­ers on our ta­ble.

Just 5c/kg above them is Kepak Ath­league and their of­fer­ing of €4.55+5c/kg QA, with Kil­dare Chill­ing an­other 5c/kg above that again at €4.60+10c/ kg QA.

Prices for cull ewes, so long a sta­ble fea­ture of this year’s fac­tory trade, also saw Kepak and Kil­dare wield­ing the knife to their quotes yes­ter­day morn­ing.

Kepak sliced their quote yes­ter­day by 10c/kg to a straight €2.40/kg, while Kil­dare eased their quote for ewes 5c/kg lower to €2.50+10c/kg QA.

These move­ments this week mean that Kil­dare re­mains the top payer on our ta­ble, with the two ICM plants com­ing in next on 250c/kg flat.

Kepak and Dawn Meats bring up the rear on a flat quote of 240c/kg.

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