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Cattle prices continue to rise on the back of rampant processing demand, with base quotes now on 508p/kg. Lamb prices are also rising, with 700p/kg common place.
Mart throughput in recent weeks has benefitted from a vibrant live trade encouraging producers struggling to negotiate higher prices with factories to sell live.
Opening prices for quality assured (QA) lambs are in the region of €8.70/kg in most plants, with agents keen to try to maximise throughput over the Christmas processing schedule.
Base quotes are starting the week at a range of €8.50/kg to €8.70/kg for quality assured lambs, with agents also starting to tie into supplies for the Christmas period.
There was a 100% clearance rate at this week's sheep sale in Kenmare Mart. It marked the end of trading for the year and the super trade was a sharp contrast to this time 12 months ago.
Base quotes for quality assured lambs for Thursday now range from €8.20/kg to €8.50/kg, with factories looking to try to maintain upward momentum in throughput.
Base quotes for prime cattle reached the 500p/kg mark this week for the first time on record in Northern Ireland, with quotes jumping 15p/kg for fat lambs.