Factories willingly pay above quotes
Some up, some down and more holding their own. No, I'm not referring to the latest polls on the popularity of our various political parties, because thankfully those that are down are still nowhere near Fianna Fail/Greens levels.
Whether it the positivity circulating around Roscommon following St Brigids' Connacht final triumph over our Galway champs or not, Kepak Athleague are winning today's quote battle with their 5c/kg improvement leaving them on a base of 445c/kg plus the bonus. Their neighbours, Dawn Ballyhaunis and Kepak Hacketstown, remain on 440c/kg plus the bonus, while Kildare Chilling, albeit on a reduced base of 435c/kg, are on a similar final figure by virtue of their normal bonus for the U grades as well as their 5c/kg extra for quality assured lambs. Moyvalley also remain on an all-in quote of 440c/kg. Both ICMs have dropped the base quote by 5c/kg to 435c/kg plus 6c/kg.
I know I mentioned this last week but it's worth repeating that the factory men were anxious to point out that quite a few lambs were killed well in excess of the proper weights. If you have heavy lambs, you will fare a lot better by selling those in the mart, where you will get paid for total weight and not be cut off at a certain level.
Commenting on the trade IFAs James Murphy said that while there is little movement on quotes, factories are having to and willing to pay well above those figures to secure adequate numbers from very tight supplies. He added that farmers were successfully holding out for prices of up to 470c/kg for their lambs.
Kepak Athleague are also quoting the 445c/kg for the light lambs over 10kg carcase weight and nicely fleshed. Hacketstown are offering 440c/kg with 435c/kg to be got in Kildare Chilling.
There is no change to the ewe quotes. As a result, Kildare's 260c/kg keeps them in top spot. The ICMs and the Kepaks stay at 250c/kg with Dawn Ballyhaunis offering an unchanged 240c/kg. Moyvalley are not quoting at the moment.