Sheep slaughter up 33.8pc
The number of sheep slaughtered during October this year jumped by a massive 33.8pc compared to the same month last year, according to new figures from the CSO.
More than 296,000 sheep were slaughtered in October 2012, compared to 221,000 sheep in the same month in 2011.
The spike in slaughtering was due to much stronger demand for lamb, driven by the Eid al-Adha Muslim festival that took place on October 26.
There was also an increase in the number of heavy store lambs sold to the factories as farmers contemplated the poor store trade, rising price of concentrate feed and low grass supply.
IFA sheep chairman James Murphy said demand for Irish lamb from the French market also increased in October, as lamb supplies from Britain were in short supply.