Sheep trade: €8.30/kg on offer as hogget trade ignites in Ireland

Up to €8.30kg is available in the hogget trade this week, as producer groups are securing higher prices from factories. Base prices for hoggets this week from factories are now standing at between €7.85-8.05/kg, with quality assured (QA) hoggets reaching €8.05-8.20/kg. Producer groups are currently securing €8.20-8.30/kg this week, according to the Irish Farmers’ Association (IFA) National Sheep Committee chair, Adrian Gallagher. Base prices from factories one month ago were between €6.75-7/kg, showing an increase of between €1.10-1.30/kg. A larger difference is seen when looking at base prices for hoggets 12 months ago, which ranged from €6.10/kg up to €6.50/kg, representing a difference of between €1.75-1.95/kg. This is an increase of between €40.25-44.85/head on a 23kg hogget carcass. Hogget and lamb prices There is high demand for lamb as the Muslim festival of Ramadan commenced on Sunday, March 10, and buying is in full swing from the factories. Kildare Chilling is quoting ...