Sheep trade: Hogget price rises by 10c/kg this week in Ireland

This week’s sheep trade sees hogget prices increase by 10c/kg at most factories after last week’s price reduction. The general run of hogget prices this week is €6/kg ‘all in’ with ewe price at €3.00-€3.30/kg, depending on the outlet. Prices at the higher-end of the market are now at €6.20/kg in general for hoggets, with some deals being secured by producers, particularly where larger numbers are on hand. Meanwhile, prices at the higher-end of the scale for ewes is ranging from €3.30-€3.40/kg. Kildare Chilling has increased its quote for hoggets to €5.90/kg plus a 10c/kg QA bonus. Irish Country Meats also moved its hogget price up to a base price of €5.80/kg plus a 20c/kg QA bonus, while reports from other plants indicate a base price of €5.85/kg plus a 15c/kg QA bonus. Advertisement Conversations with stakeholders in the hogget trade would indicate supplies are expected to tighten over the coming weeks and further price increases in the sheep trade are anticipated. ICSA protest ...