IFA sheep chair Seán Dennehy is urging sheep farmers to sell hard when selling hoggets and lambs as prices soar.
Dennehy said hogget prices have hit €8.00/kg as factories struggle to match supplies with market demand.
He said factories are paying €7.70/kg to €8.00/kg for quality-assured hoggets as Ramadan and strong supermarket sales of lamb drive the trade.
ADVERTISEMENT
Spring lamb
Dennehy said up to €8.50/kg is being paid for spring lamb, while cull ewes are ranging from €3.20/kg to €3.50/kg in general. Last week, spring lamb prices surpassed the €8/kg mark.
He said the strong factory demand is feeding through to the mart sales, where agents and wholesalers are competing strongly for the limited numbers of hoggets, lambs and cull ewes.
Prices are comparable to and in cases above what factories are offering some farmers, the IFA said.
This content is available to digital subscribers and loyalty code users only. Sign in to your account, use the code or subscribe to get unlimited access.
The reader loyalty code gives you full access to the site from when you enter it until the following Wednesday at 9pm. Find your unique code on the back page of Irish Country Living every week.
CODE ACCEPTED
You have full access to the site until next Wednesday at 9pm.
CODE NOT VALID
Please try again or contact support.
IFA sheep chair Seán Dennehy is urging sheep farmers to sell hard when selling hoggets and lambs as prices soar.
Dennehy said hogget prices have hit €8.00/kg as factories struggle to match supplies with market demand.
He said factories are paying €7.70/kg to €8.00/kg for quality-assured hoggets as Ramadan and strong supermarket sales of lamb drive the trade.
Spring lamb
Dennehy said up to €8.50/kg is being paid for spring lamb, while cull ewes are ranging from €3.20/kg to €3.50/kg in general. Last week, spring lamb prices surpassed the €8/kg mark.
He said the strong factory demand is feeding through to the mart sales, where agents and wholesalers are competing strongly for the limited numbers of hoggets, lambs and cull ewes.
Prices are comparable to and in cases above what factories are offering some farmers, the IFA said.
If you would like to speak to a member of our team, please call us on 01-4199525.
Link sent to your email address
We have sent an email to your address. Please click on the link in this email to reset your password. If you can't find it in your inbox, please check your spam folder. If you can't find the email, please call us on 01-4199525.
ENTER YOUR LOYALTY CODE:
The reader loyalty code gives you full access to the site from when you enter it until the following Wednesday at 9pm. Find your unique code on the back page of Irish Country Living every week.
SHARING OPTIONS