Spring lamb prices as high as €150/hd – IFA
Prices for spring lambs have opened strongly, according to IFA National Sheep Committee Chairman, John Lynskey.
He said the very first of the spring lambs will be sold off farms this week and market prospects look very promising.
Lynskey said prices have opened strongly and farmers need a minimum of €7.00/kg to cover the high costs and make a small margin.
According to the IFA sheep leader some small numbers of spring lamb were appearing in marts around the country and both factories and butchers were active for scarce supplies, to meet Easter demand.
He said prices of €145 to €150 per head were being paid at sales and in private deals with butchers. On weights he said prices were being paid to 21kgs and 21.5kgs.
Latest IFA sheep factory quotes
- Hoggets €6.10 to €6.20/kg
- Spring lamb €7.00/kg
- Ewes €3.50/kg
Lynskey also said the hogget trade remains very strong with €6.10 to €6.20/kg being paid by the factories. He said some top prices of €6.30/kg have been paid this week for quality hoggets.
He also noted that the UK market remains very buoyant with prices at the equivalent of €6.25 to €6.50/kg for hoggets.