Farm Ireland
Independent.ie

Tuesday 12 December 2017

Lamb trade holds firm as 'hardened sellers' negotiate up to 465c/kg

Ringside

James Rooney judging the pairs at the Donegal pedigree Suffolk Show and sale at Raphoe mart last Friday. Photo: Clive Wasson.
James Rooney judging the pairs at the Donegal pedigree Suffolk Show and sale at Raphoe mart last Friday. Photo: Clive Wasson.

Joe Healy

THERE isn't much to report this week - and I'm not talking about Kilkenny and Europe winning the Liam MacCarthy and Ryder cups respectively.

The quotes for lambs have remained unchanged during September at a base of 430c/kg and it looks very likely that they will enter into October on this figure.

Some producers had hoped that the quotes would have moved up either last week or early this week on the back of demand for the Muslim Eid-al-Adha festival at the weekend.

Unfortunately, this didn't materialise but farmers continue to bargain for prices well above the quotes on offer.

Many of them are securing prices of between 450-460c/kg. As is always the case, however, if you don't bargain you stand to lose anything from 15-25c/kg or up to €5.50/lamb.

The ICMs are paying a 10c/kg bonus on QA lambs, while Kildare are offering 5c/kg extra for U grades and a further 5c/kg for QA stock.

The 6c/kg top-up from Kepak Athleague is paid on QA lambs whereas the bonus on offer from Dawn is for lambs grading U. Moyvalley are quoting an all-in figure of 450c/kg. Commenting on the trade, the IFA's John Lynskey said that demand remains strong with large numbers of lambs moved at this stage.

Hardened sellers had negotiated prices of up to 465c/kg, he added.

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The cull ewe quotes also show very little change. However, Dawn Ballyhaunis have raised their figure by 10c/kg to move up in line with their neighbours Kepak Athleague who are on 240c/kg.

Kildare are also on this base, but are persisting with their 10c/kg top up for Quality Assured ewes. Both ICM plants are leading the way with their 250c/kg quote.

An Bord Bia's spokesperson Declan Fennell said that total sheep supplies for the first eight months of 2014 were running 2% higher or 45,000hd than the same period last year.

For May to August, total new season lamb supplies stood at 984,000 - an 8% increase on last year.

Sheep Marts

The marts reported a solid to improved trade during the past week. Yesterday's sale in Athenry saw the good fleshy lambs over 50kg make up to €54 with their weight in a range from €44-54 over. Lighter lambs sold for €35-45 over. Fit cull ewes were selling for €100-116, while in Fermoy prices ranged from €73-122. Lambs in the south were making from €46-55 over the €/kg. Butcher lambs in Kilkenny made from €43-54 with their weight.

Factory types sold for €40-50 over. Dowra Mart had 2,400 sheep at Saturdays sale. The good store lambs made from €65-85 while the lighter stores moved at €40-60.

The better pens of ewe lambs made from €90-105. Baltinglass had 3,200 sheep for sale.

The ewe hoggets were selling for €90-190. Aged breeding ewes made from €90-155. Culls sold for €40-105. Rams varied from €150-600. Fit lambs were making from €85-104/hd with ewe lambs selling up to €140. The 40-45kg lambs moved at €74-88/hd while lighter lots made from €64-80.

Lamb prices in Carnew were up by €2-3/kg. Butcher and factory lambs were selling for €87-104. Stores sold for €65-85. Ewe lambs made from €75-117. In Mountbellew, cull ewes ranged from €55-105, ewe hoggets from €150-200, first and second crops from €110-170and older types from €100-120. Ewe lambs hit a high of €120.

Indo Farming