Farmers in strong position on prices
WHILE the lamb quotes might not be jumping quite as well as Derval O'Rourke on her way to winning European silver on Saturday, they have all cleared last week's levels and in all but one case have jumped up by 5c/kg.
Even better is the fact that most buyers are willing to pay well above what they are quoting and are open to negotiation on carcass weight.
Supplies continue to be tight and the ball is well and truly in the farmers' court as a result. Producer groups are using their strong position to secure prices of up to 460c/kg.
Not to be overshadowed by their footballers' big win over Meath, Kildare Chilling is leading the way on quotes when all bonuses are added in. They are working off a base of 439c/kg plus the 6c/kg bonus for the U grades as well as the 5c/kg bonus for the quality assured lambs.
This leaves them on a total of 450c/kg before the farmer starts bargaining.
Kepak Hacketstown is quoting 440c/kg plus 5c/kg. Thereafter, all of the rest are on a base of 435c/kg plus the bonus, leaving Moyvalley Meats as the only plant not to move on quotes over the week. The 435c/kg it's offering is an all-in quote.
It is imperative that you bargain and make a price as well as knowing the exact carcass weight you are getting before you sell. Otherwise you will only get paid whatever the factory is quoting.
In some instances this could prove to be anything from 10c/kg to 20c/kg -- or €2.50-4.50/hd -- of a difference.