trade boost as Lamb priceS UP 50C/KG
The sheep trade edged upwards again this week. When comparing the trade with the same period last year, lamb prices are up 50c/kg on average.
Ewe prices remained steady and in line with 2013.
In France, the market was reported as quiet this week, with €5/kg being paid for Irish Grade 1 lambs, while Irish Grade 2 lambs are making €4.50/kg.
Grade 2 lambs are those that are over fat and over weight.
New season spanish lambs are available at €4.90- €5/kg, while French Lacaune lambs are also now available in larger quantities at €5.50/kg, which will put additional pressure on the sale of Irish lamb in the coming weeks due mainly to the fact that these are new-season lambs.
As in 2013, domestic requirement for BLQAS lamb remains strong and Irish Country Meats (ICM) are continuously looking for in-spec quality-assured lamb to satisfy this demand.
ICM would encourage producers who are not currently in the scheme to consider joining this year.