Lambs on Mark's farm are now being drafted for slaughter.
ADVERTISEMENT
The live ring is driving an upturn in lamb prices this week, with marts seeing prices rise by 15p to 20p/kg, or £3 to £5 per head.
Buyers for southern Irish factories are setting the pace, with reports of €8.40/kg paid for NI lambs processed at Irish plants, which converts to a sterling equivalent of 678p/kg.
Local factories have responded with a 5p/kg increase in base quotes which now stand at 655p/kg, although this is merely keeping prices paid to local producer groups in check.
ADVERTISEMENT
In reality, deals of 675p to 680p/kg are on offer to keep pace with the live trade, where prices of £140 to £145 are commonplace. Fat ewes are a super trade, with lowland breeds regularly surpassing the £200 mark.
The beef trade is steady, with quotes on 432p/kg for prime cattle and 370p/kg for cull cows.
However, deals around 450p/kg are on offer for steers and heifers with cull cows surpassing the 400p/kg barrier. R3 cows averaged 405p/kg last week.
This content is available to digital subscribers and loyalty code users only. Sign in to your account, use the code or subscribe to get unlimited access.
The reader loyalty code gives you full access to the site from when you enter it until the following Wednesday at 9pm. Find your unique code on the back page of Irish Country Living every week.
CODE ACCEPTED
You have full access to the site until next Wednesday at 9pm.
CODE NOT VALID
Please try again or contact support.
The live ring is driving an upturn in lamb prices this week, with marts seeing prices rise by 15p to 20p/kg, or £3 to £5 per head.
Buyers for southern Irish factories are setting the pace, with reports of €8.40/kg paid for NI lambs processed at Irish plants, which converts to a sterling equivalent of 678p/kg.
Local factories have responded with a 5p/kg increase in base quotes which now stand at 655p/kg, although this is merely keeping prices paid to local producer groups in check.
In reality, deals of 675p to 680p/kg are on offer to keep pace with the live trade, where prices of £140 to £145 are commonplace. Fat ewes are a super trade, with lowland breeds regularly surpassing the £200 mark.
The beef trade is steady, with quotes on 432p/kg for prime cattle and 370p/kg for cull cows.
However, deals around 450p/kg are on offer for steers and heifers with cull cows surpassing the 400p/kg barrier. R3 cows averaged 405p/kg last week.
If you would like to speak to a member of our team, please call us on 01-4199525.
Link sent to your email address
We have sent an email to your address. Please click on the link in this email to reset your password. If you can't find it in your inbox, please check your spam folder. If you can't find the email, please call us on 01-4199525.
ENTER YOUR LOYALTY CODE:
The reader loyalty code gives you full access to the site from when you enter it until the following Wednesday at 9pm. Find your unique code on the back page of Irish Country Living every week.
SHARING OPTIONS