Fac­to­ries and farm­ers are at odds on the Ra­madan fac­tor fac­to­ries

Irish Independent - Farming - - SHEEP RINGSIDE -

THERE are two very dis­tinct camps this week when it comes sheep price prospects. On the one side you have the IFA and ICSA, both of whom claim the trade is strong and will get stronger as we ap­proach the Is­lamic fes­ti­val of Ra­madan.

On the other side you have the pro­cess­ing sec­tor who are cagey about the pos­si­ble ef­fects of Ra­madan. They also claim that the qual­ity of hogget in par­tic­u­lar has de­te­ri­o­rated over the last few weeks.

In re­la­tion to prices the IFA’s Sean Den­nehy was re­port­ing prices from €6.30-6.40/kg yes­ter­day morn­ing as be­ing where hogget is at while the ICSA’s John Brooks es­ti­mated hogget prices at €6.50/kg.

The roles were re­versed when it came to spring lamb with the ICSA man on €7.10-7.20/ kg and his IFA coun­ter­part on €7.30/kg.

The men with the power of the fac­tory cheque book, how­ever, were in no mood to push prices any fur­ther than they deemed ab­so­lutely nec­es­sary yes­ter­day morn­ing.

Dawn Bal­ly­hau­nis dropped their hogget quote by 30c/kg to €6.00/kg. Kepak Ath­league and Kil­dare Chill­ing were not quot­ing at all. The two ICM plants held their price un­changed from two weeks ago at €6.00/ kg +10c/kg bonus.

Kil­dare and Kepak say they are not quot­ing for hogget due to qual­ity is­sues al­though Kil­dare were will­ing to quote €4.00/kg “or less” for poor qual­ity and/or poor weight an­i­mals.

The only good news was that Moy­val­ley Meats, who are not de­pen­dent on the ex­port mar­ket, put up their quote for hogget by 20c/kg to €6.30/kg yes­ter­day.

Mov­ing to the spring lamb trade, fac­tory quotes in gen­eral are steady. How­ever, ICM Camolin and Na­van who did not quote last week dropped back 10c/kg to €6.80/kg +100c/kg qual­ity as­sur­ance yes­ter­day.

That leaves a price range of 20c/kg for spring lamb from top to bot­tom across all the plants on our ta­ble.

At the top end are Moy­val­ley and Kepak on €7.00/kg with Dawn on €6.80/kg at the other end. Kil­dare come in sec­ond on €6.90+10c/kg QA while the two ICMs as al­ready men­tioned are on a base of €6.80/kg.

In re­la­tion to cull ewe prices the two ICM plants re­turn to the ta­ble this week with an open­ing bid of €3.00/kg, which keeps them in line with both Dawn Bal­ly­hau­nis and Kepak Ath­league.

Con­tin­u­ing to lead the field for cull ewes are Kil­dare Chill­ing who put up their price by 10c/kg to €3.30+10c/kg qual­ity as­sur­ance.

Prices for culls ap­pear to be get­ting a bit stronger with fac­tory agents re­ported as will­ing to give between €3.40-3.50/kg. With the sun hav­ing warmed sheep farm­ers’ backs in re­cent days and with Ra­madan ap­proach­ing I sus­pect that the May­pole price dance has only just be­gun.

Newspapers in English

Newspapers from Ireland

© PressReader. All rights reserved.