Relief as spring lamb quoted €7/kg
The €7/kg that Moyvalley are quoting for the limited numbers of new season lambs being offered is as welcome to early lamb producers as last Friday night's soccer result in Stockholm was to Giovanni Trapattoni.
Only three of the other plants are quoting and each of them, namely the ICMs and Kepak Athleague, are offering 620c/kg.
On the hogget front, Moyvalley again set the pace with an all-in quote of 550c/kg. This 30c/kg increase since last week leaves them 25-30c/kg ahead of the field.
Dawn's all-in quote is 524c/kg. The rest, apart from Kepak Hacketstown, are offering a base of 520c/kg plus the bonus. As per usual, Kildare Chilling have the extra 5c/kg bonus for quality assured lambs. Kepak Hacketstown remain on 515c/kg plus the bonus.
The IFA's sheep chairman, James Murphy, said that the hoggets were steady, with 550c/kg paid to 24kgs to secure numbers from a tight supply.
The cull ewe trade is a bit sluggish, with a 10c/kg drop across most of the plants. The ICMs and Kepak Athleague are tops at 240c/kg. Kildare and Kepak Hacketstown are quoting 230c/kg, while 225c/kg is on offer from Dawn Ballyhaunis.
The trade in Britain eased during the past week reflecting some increase in availability of supplies. By the weekend, lambs at live markets across England and Wales were making around €5.20/kg deadweight.
Meanwhile, An Bord Bia recently commissioned consumer research in Belgium to measure consumers' perception of lamb and their awareness and propensity to buy Irish lamb. According to the results, 43pc of meat-consuming households in Belgium eat lamb at least once per year, with higher penetration in the southern French-speaking part of the country where 50pc of households consume lamb at least once per year, while 27pc admitted purchasing less lamb than a year previously, compared to 17pc for beef.