Little difference in quotes as prices are held
There is more of a difference between the various plants than there was last Sunday between all the teams taking part in the Leinster and Munster football championships. While extra time was required to separate the men in Croke Park and Pairc Ui Chaoimh, there are no such requirements as far as the lamb quotes are concerned, with four different quotes from the six plants that are quoting.
Kildare Chilling is top with their base quote remaining at 500c/kg plus the 6c/kg bonus. Moyvalley's all-in quote of 500c/kg is similar to the 495c/kg plus the 5c/kg bonus on offer from Kepak Hacketstown, but the Carlow plant's quote was for yesterday only. Thereafter, the two ICMs and Kepak Athleague are on the same base of 490c/kg plus the bonus. Dawn Ballyhaunis was not quoting when contacted. Apart from this, there is really no change from last week for all of the rest, which I suppose is good news given that June is normally fraught with as much danger to lamb quotes as a tour to the southern hemisphere is to our rugby players.
The IFA's James Murphy said that with supplies continuing to be extremely tight, farmers were holding out for, and getting up to, 520c/kg for lambs this week.
Farmers need to watch out for the carcass weights they are getting paid on as there are differences of 0.5-1kg from one plant to another plant. If you are losing a kilogramme, you are losing more than €5 straight away.
Quotes for cull ewes have improved slightly, with Kildare and the ICMs increasing by 10c/kg. The Lilywhites are on a top quote of 260c/kg, while the two ICM plants are on 240c/kg, as are Kepak Athleague. Kepak Hacketstown are sandwiched in between at 250c/kg. Moyvalley and Dawn Ballyhaunis are offering a low 220c/kg, but reports suggest that at least one of them is willing to pay well above this figure.
An Bord Bia reported that the live market trade in Britain eased as the week progressed and as supplies gradually increased. The average new season SQQ price in England and Wales finished the week at the equivalent of 501c/kg including VAT.
In France, the lamb trade was largely unchanged as demand and supply levels remained evenly matched. Awareness of lamb consumption in France was also helped by the Agneau Presto campaign last week.