Lamb quotes jump forward by 30c/kg
Sheep farmers and Ronan O'Gara are experiencing very different emotions this week. As quickly as the year appears to be going pear-shaped for ROG, it is improving for men selling last year's lamb crop, with lamb quotes improving by up to 30c/kg over the past week.
"Go west young man" is also appropriate, as the plants in Athleague and Ballyhaunis are more or less leading the way. Each of them is up by 30c/kg, leaving the Kepak plant on a base of 480c/kg plus the bonus, while Dawn is offering an all-in quote of 484c/kg for quality assured (QA) stock.
The Moyvalley quote is up to an all-in 480c/kg. Kepak Hacketstown has upped its quote by 25c/kg to 475c/kg plus 5c/kg. A 20c/kg rise moves Kildare Chilling up to 470c/kg plus the two 5c/kg bonuses for the QA and U grades.
Both ICM plants are quoting a base of 470c/kg plus 6c/kg. Farmers are ignoring the quotes, however, and bargaining successfully for prices well above what the factories are offering.
Up to 510c/kg was paid late last week andthere were many sellers talking about the even money.
IFA's James Murphy said that strong competition between wholesalers and the factories was continuing to drive the trade, with prices of €5/kg commonplace to 23kg. The cull ewe trade is firm with slight improvement to a few of the quotes. Kildare is tops on 250c/kg, Kepak Hacketstown and Dawn Ballyhaunis are on 245c/kg, with the two ICMs quoting 240c/kg.
The trade in Britain improved further throughout the past week, according to Bord Bia.
In France, trade remained stable, helped by steady domestic demand, despite more Lacaune lamb emerging on to the market. The Irish Grade 1 lamb price made around €4.40/kg for the majority of the week.