Positive market trend continues for lamb sales
Lamb price trends at the factories have continued positively for sheep farmers this week, with sellers retaining the gains of last week, and some prices moving up further by as much as 10 cents/kg.
Tighter supply boosted the trade at factories and in the mart sales again this week.
Most processors quote a base price of 480 cents/kg for lambs, with some having advanced to 490 cents/kg, and the quality bonus of up to 10 cents/kg added as applicable. However, the quoted prices are as usual only a base from which to negotiate the eventual selling price. In general, factory lambs are changing hands for 500-510 cents/kg this week.
Some sellers say a few cents/kg more than that is achievable, but it is not generally available.
At the mart sales on Monday, the report was generally of strong demand and prices either stable or improved from last week, with numbers on offer at the sales remaining on the low side. There was an entry of 400 head on Monday at Corrin Mart, where the trade was described as good, driven by demand from butchers who paid up to €67 over.
A pen of twelve weighing 53 kgs sold for €120, and a pen of ten weighing 56 kgs sold for €122.
Factory lots sold for up to €65 over. There was also a good trade on Monday at Kilkenny Mart, where 400 head were offered. Butchers paid up to €64 over. A pen weighing 53 kgs sold for €118 and a pen weighing 56 kgs sold for €120. The factory lambs sold for up to €59 over.