Sheep trade: Prices firm up after slight ease from peak in Ireland

Published 2023년 5월 9일

Tridge summary

The article reports on the current state of the sheep trade in Ireland, highlighting improvements in prices for factory-fit sheep, with a 3% increase in overall sheep kill compared to last year, despite a 28% decrease in spring lamb supplies. Bord Bia predicts a contraction in the 2023 lamb crop due to wet conditions, but the presence of additional hoggets could mitigate the impact. Buyers like Kildare Chilling and Irish Country Meats are increasing their prices for hoggets and spring lambs, indicating a positive trend in the market. Cull ewe prices also feature in the article, showcasing variations among processors.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

This week’s sheep trade has seen prices for factory-fit sheep firm up and even increase at some sites after falling at many plants over the past two weeks. The first 17 weeks of this year has seen the overall sheep kill up 3% or just under 30,000 head on last year, however spring lamb supplies to date are back 28% or just under 7,500 head. Bord Bia has forecast the 2023 lamb crop in Ireland to contract, however Bord Bia analysis indicates an additional 60,000-70,000 hoggets have been carried into 2023 for processing when compared to 2022 levels. Prolonged wet conditions in March and April will likely have reduced lamb performance on grass and could further delay the arrival of this season’s lamb crop further. Advertisement Sheep trade – hoggets Kildare Chilling is quoting €7.20/kg plus a 10c/kg Quality Assurance (QA) bonus, bringing its offering for hoggets to €7.30/kg again this week. This outlet is paying up to 23kg carcass weight. Irish Country Meats (ICM) is quoting €7.05/kg ...

Source: AgriLand