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If the data from the Teagasc survey is reflective of decisions being taken across all suckler/beef and sheep farms, there is a real threat that we will see major market disruption in the months ahead.
The price and availability of key inputs such as feed, fertiliser and energy are volatile and uncertain, which is affecting on our farmers, Glanbia Co-op chair John Murphy said.
Tight supplies are being compounded by a number of buyers very active in the market for ewes for exporting live and inserting strong competition into the market.
Prices for prime cattle in Northern Ireland are showing signs of edging upwards, as processors look to maximise throughput. Hogget prices are also hardening, with ewes a super trade.
Factories are still keen for lambs, but numbers coming on stream in recent days have been in their favour, allowing agents to dig in on prices offered.