5c/kg gap exists as factories eye stock
LAMB SUPPLIES in certain parts of the country appear to be as tight as the difference between Galway and Tipperary on Sunday.
As opposed to the final score line in Croke Park of just the single point in favour of the Premier men, the gap between top and bottom for the lamb quotes is 5c/kg.
One big plus for lambs at the moment has been the Bord Bia promotion, and the impression I am getting is that the factories are eager to secure lambs, and especially quality assured lambs, to fill the home market.
The Lilywhites continue to set the pace with their quote of a base 434c/kg plus the 6c/kg for the U grades plus a 5c/kg top-up for quality-assured lambs. This brings them up to 445c/kg.
Next in line is Kepak Hacketstown on 435c/kg plus 5c/kg. Moyvalley is on an all-in 435c/kg quote while the two ICM plants, Kepak Athleague and Dawn Ballyhaunis are all offering an unchanged 430c/kg plus the bonus for the better types.
If you are selling and trying to make a price, it is vital that you are sure of the carcass weight you are going to get paid on, as some farmers are only getting paid to 21kg, while others going into the same factory are getting 22kg. This extra kilo is worth €4.40-4.50, or 21c/kg. So, maximise weight and price.
IFA's James Murphy said that the ball is well and truly in the farmers' court at the moment with the processors having to compete against live exporters, wholesalers, ewe-lamb buyers, store-lamb buyers and the Galway races to get adequate supplies. He added that some of the plants were freely paying 450c/kg for lambs this week.