West awakens with quote up to 450c/kg
Sheep farmers could well do with a fraction of the top-ups that many of our hospital managers are getting. Even a small top-up or increase in price would help but it would need to be a bit more than the 5c/kg increase that we see from only one of the plants today.
Credit where credit is due though, and while their county football champions and current All-Ireland champions were made to settle for second best in the Connacht final on Sunday, Kepak Athleague appear anxious to take first prize when it comes to lamb quotes this week.
They are the only plant showing positive movement and the 5c/kg rise moves them up on their own to a base of 445c/kg plus the bonus.
Kildare Chilling are there or thereabouts when their Quality Assurance (QA) bonus is added to their unchanged base of 440c/kg plus the 5c/kg U grade bonus. Moyvalley's all-in 450c/kg keeps them up there too. Elsewhere, it's a case of "as you were", with both ICM plants, Dawn Ballyhaunis and Kepak Hacketstown all continuing to quote a base of 440c/kg plus the bonus.
There does just seem to be a little more life about the trade this week as the onset of the Christmas trade probably begins to kick in.
Marts are also a bit livelier at the moment with factory agents actively competing for suitable stock. If selling to the processor, it is imperative that you bargain because different farmers are getting carcass weights of 22kg, 22.5kg and 23kg, while prices vary from 455c/kg up to 470c/kg.
As per usual, there is a significant differences between what the hard sellers are securing and what the lads accepting the first quote are getting.
The producer groups are feeling very hard done by at the moment and justifiably so as the factories are using the low base quote of 440c/kg to manipulate the price.