Moyvalley ahead of the game at 470c/kg
They say that the chances of six different people picking the same winning lotto numbers are about 48.5m to one. What's seldom is wonderful I suppose. Unfortunately the odds on six different lamb processors quoting the same base will always be fairly short because this is not so seldom.
This is the case again today with only one of the seven straying off course. Despite a drop of 5c/kg, Moyvalley are tops with their all-in quote of 470c/kg. Thereafter, all of the rest are on the same base.
A 10c/kg fall in the two Kepaks, Kildare Chilling and Dawn Ballyhaunis brings them back level with both ICM plants on a 450c/kg base plus the bonus. The extra 5c/kg for quality assured lambs going into Kildare leaves them slightly ahead for suitable stock.
If you are selling, a bit of bargaining will reap rewards. Factories are freely paying 470c/kg while groups and strong sellers are securing up to 480c/kg for nicely finished in-spec lambs.
Farmers are urged to ensure lambs are suitably finished before slaughter as a tendency amongst some farmers to sell off the last and clean out is leading to quite a mixture of quality being offered.
Penalties inevitably occur where lambs are not fit. It is imperative to maximise your price on all of your lambs.
There is no change to the quotes for the cull ewes with 200c/kg being offered everywhere. Finishers with numbers are securing between 220-230c/kg with as high as 240c/kg mentioned in places.
Bord Bia reported that the sheep trade slowed down over the past week on the back of weakening demand on both domestic and key export markets.