Sheep trade in Ireland: Tone of positivity to continue into new year

Published 2024년 12월 31일

Tridge summary

The sheep trade in Ireland is experiencing a positive trend with factory price offerings for lambs, with rates exceeding €9.10/kg available. Most processors are killing four days a week, and prices for well-fleshed heavy ewes are up to €4.70/kg. However, the industry faces challenges due to tight supplies of Irish sheep for processing, leading to a 22% decrease in volume of Irish sheep-meat exports. Bord Bia anticipates tight supplies across Europe in the short term, which could result in higher deadweight prices but challenges in securing market returns for Irish lamb.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

This week’s sheep trade sees factory price offerings for lambs continue on a note of positivity on the approach to the new year. Higher price rates are becoming more widely available at outlets around the country and most processors will be killing four days this week. At the higher-end of the price scale, sources have said up to €9.10/kg is available for lambs but tops of €8.80/kg appear to be more common this week. Most outlets are paying up to 23.5kg carcass weight. Up to €4.70/kg is available for well-fleshed, heavy ewes. Most marts remain closed for the Christmas and New Year period and reopen from Monday, January 6 onwards. As of today (Monday, December 30), Irish Country Meats (ICM) is quoting €8.50/kg plus a 20c/kg Quality Assurance (QA) bonus leaving €8.70/kg on offer for lambs here. The same processor is quoting €4.40/kg for ewes. Kildare Chilling is quoting €8.60/kg plus a 10c/kg QA bonus leaving €8.70/kg on offer here. The same outlet is quoting €4.20/kg plus a 10c/kg ...
Source: AgriLand

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