No change to report as lamb and hogget trade stays strong for Easter
Published 23/04/2014 | 02:30
Very little change to report, and I'm not talking about Kilkenny defeating Galway on Sunday last.
The quotes and prices for new season lamb, cull ewes and hoggets are pretty close to where they were this day week. I suppose the only movement is with the hoggets, as a few of the plants have pulled the quotes by 5-10c/kg.
Kildare remain tops by holding their base quote of 570c/kg plus the 5c/kg quality assurance (QA) bonus as well as the 5c/kg U grade bonus.
Dawn Ballyhaunis are back 5c/kg to a base of 565c/kg plus the U grade top-up of 6c/kg. A 10c/kg fall in the ICM plants drops them to a base of 560c/kg plus their 10c/kg QA bonus. Kepak Athleague are on a similar base with a 6c/kg QA bonus.
Farmers with nicely finished hoggets were bargaining for and securing prices of between 590-600c/kg late last week. A lot appear to selling between 580-585c/kg.
It's a case of 'as you were' for the spring lambs with all factories continuing to offer a base quote of 620c/kg plus the various bonuses, which are the same as for the hoggets.
Moyvalley are offering an all-in figure of 630c/kg. Supplies have been increasing week on week but plants are easily handling what is being offered so far. The IFA's John Lynskey said that farmers were holding out for prices of up to 640c/kg as numbers being slaughtered remained tight.
The quotes for the cull ewes continue to range from 250-270c/kg, with Kildare Chilling tops at the 270c/kg, while Kepak are offering the 250c/kg.
The ICMs and Dawn are sandwiched in-between on 260c/kg. Farmers are negotiating prices of between 280-300c/kg if they have numbers of suitably fleshed animals.
In Britain the trade remained similar to recent weeks, with tight supplies and robust demand underpinning the market. The new season SQQ live price for lambs in England and Wales was making the equivalent of around €5.73/kg deadweight by mid-week.
In France, the market continues to remain steady despite increased competition from higher volumes of Lacaune and heavy Spanish lambs.
I suppose if Easter week isn't a reasonably good week at the sheep marts then the sector is in big trouble.
Thankfully the trade matched the weather we have enjoyed and prices remained strong across the board, with the good well-fleshed Spring lamb making up to and over €100 with the €1/kg.
In the main they sold for €75-90 with their weight as prices ranged from €110-150/hd.
Hogget prices ran from €100-140 or €65-85 over the weight. Fleshed heavy cull ewes easily made up to and over €100, with many of them selling between €110-120.
Prices for new season lambs at Fermoy Mart yesterday ranged from €70-100 with the weight, with a tops of €150 paid for 50kg.
Butcher hoggets in Carnew sold for €118-137/hd or €70-85 over the weight. Stores made €75-€112/hd or €40-€70 over. Spring lambs ranged in price from €110-135/hd. Cull ewes sold for €45-118.
The sheep trade continued very strong at Dowra Mart on Saturday last with young ewes and twin lambs at foot making €160-230.
Black face ewes in lamb over in Maam Cross were selling for €45-102. Wether hoggets were making from €45-73. Crossbred ewes with twin lambs at foot sold up to €215.
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