Lamb trade ‘under the weather’ as price dips
I spoke to one sheep mart manager yesterday morning who was struck down by a very nasty bug on Sunday.
Having been ill overnight, his plan of action for yesterday was to lie on the couch, rest and watch the Irish Grand National.
Prior to this he told me he hadn’t been laid up since he was a school boy, “a long time ago”.
My point of telling you all of this, apart from wishing that man well, is that the sheep trade is now also under the weather.
Plans made to have a good spring in the sheep business are now ailing as official factory quotes either stick at last week’s levels or slide back by 10c/kg.
The two ICM plants, Kepak Athleague and Dawn Ballyhaunis all pulled their quotes for hogget by 10c/kg over the weekend, while Moyvalley dropped 20c/kg.
The only plant that remained unchanged as of yesterday morning was Kildare Chilling who continue to quote €5/kg plus bonuses for hoggets.
Of those going backwards, Moyvalley is at €5/kg, with the ICMs on €4.80/kg plus 10c/kg. Kepak Athleague and Dawn Ballyhaunis are locked at €4.80+5c/kg.