Sheep
At the moment, the lamb trade continues on a positive note. Base quotes for lambs are hovering around the €5.35-5.50/kg mark.
As it stands, top-weight lambs are now securing returns to the farmer of €110/head – including Quality Assurance bonuses.
The Macrocyclic Lactone (clear group) class on average has the longest withdrawal period of 35 days and ranges from two to 104 days.
Like some of the beef factories, storm Ophelia left many sheep processing plants without power; resulting in the closure of some plants.
IFA National Sheep Committee Chairman John Lynskey said lambs are a bit tighter at the factories this week
Farmers continue to show strong demand for quality lots of ewe lambs, while improved trade was also reported for butcher and factory sheep.
A shortage in supply , a good factory price and strong factory demand are the three factors keeping lamb prices and the sheep trade strong.
