Moyvalley leads the way as prices stay unchanged
M ERYL STREEP scooped an Oscar for her portrayal of a stubborn and very 'set in her ways' Margaret Thatcher in the film The Iron Lady. But, while there are no gongs being doled out in the sheep industry, the trade is extremely set in its ways with little or no change to the quotes this week either.
Moyvalley retain top spot with their all-in 535c/kg. The supporting role is taken by Kepak Athleague on a base of 525c/kg plus the bonus.
Hacketstown are offering 520c/kg plus 5c/kg, while Kildare are quoting a base of 510c/kg plus the 6c/kg and the 5c/kg for quality assured lambs.
Dawn Ballyhaunis continue to offer 515c/kg plus 6c/kg, with 510c/kg plus the bonus to be got from the two ICM plants.
Prices well in excess of those figures are being bargained for, but the one area the processors are seemingly holding firm on is the carcass weight.
At the moment, quite a lot of overweight stock is being offered. I mention this quite often and again I will say that if your lambs are on the heavy side, then you are losing money by not selling them at the mart.
Having said that, it is in the farmer's interest to move the lambs on at the right weight in order to maximise their value.
The IFA's James Murphy said that finishers were securing 535-540c/kg and refusing to sell at or near the quoted figure. He added that strong retail promotions will help to drive the trade this week.