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Farmers have been urged to “sell hard” as unprecedentedly strong hogget prices show no sign of easing.
IFA sheep chair Sean Dennehy said factory prices for hoggets continue to increase.
Factories are now freely paying €7.30/kg to €7.50/kg, with higher prices available to secure supplies to meet the strong market demand.
“Deals on weight to 24kg are also on offer from factories as they try to secure numbers to fill orders,” Dennehy said.
“Farmers should sell hard in a positive and rising market where supplies are a long way short of demand.”
Ewe prices are ranging from €2.90/kg to €3.20/kg, he added.
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