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Plants are keen to make up for a day’s less processing and have been active over the weekend in sourcing sheep to get the kill back on track quickly on Tuesday.
End-of-year figures published by the AHDB shows production falling by some 26,000t to 398,000t, which explains the current high level of demand in the market.
Exports of sheepmeat in February were recorded at some 52,351, with Meat and Livestock Australia reporting that it marks the highest export volume for any month on record.
CAP Strategic Plan changes including higher young farmers scheme payments and attractive organic farmer scheme premiums are said to be inserting more competition in to an already energetic land market
Inclement weather is making life on Tullamore Farm busier in a week when calving is progressing nicely, lambing is ramping up and 11 yearling bulls were sold in Roscrea Mart.
The Department of Agriculture has announced the extension to 31 March 2025 due to "current market restraints and the limited supplies of suitable hedgerow and tree plants".
The ending of the amnesty on the 20% clawback rule for the sale of entitlements without lands in 2025 is set to fuel increased sales of entitlements in 2024.
Base quotes are now in the region of €8/kg, but much higher prices are being paid to secure sales and try to entice producers to trade directly with factories