Sheep trade remains buoyant with supplies edging ahead of 2010 figure
Thankfully, sheep prices are ensuring that farmers are having more success at raising money than the Irish Labour Party are enjoying in their attempts to fundraise in the USA.
Seemingly, the disciples of James Connolly netted a mere €100 over the past nine months from their efforts Stateside.
Lamb quotes in the main have remained firm with just one plant showing an increase from this day last week. Significant improvements in British lamb prices recently are helping the situation here, with very few lambs now being bought at less than €5/kg.
Moyvalley Meats retain top spot with their all-in quote of 500c/kg. The aforementioned increase brings the base quote from Kildare Chilling up to 484c/kg plus their 6c/kg and 5c/kg bonuses.
Both Kepaks remain on 485c/kg plus the bonus, while Dawn Ballyhaunis and the two ICM plants are quoting 480c/kg plus 6c/kg.
The difference between this lower quote and the top price that I was hearing of yesterday morning was as much as 34c/kg, as factories were doing deals at between 510-520c/kg.
On a 23kg carcase this difference equates to €8/lamb. That could be what you are losing out by if you are a soft seller and accept whatever price is offered.
One or two plants are quoting for the lighter types at the same level as the base for the heavier lambs.