The sheep trade is in uncharted but positive territory, with prices rising in the first week of July. Quotes for Thursday have increased by 10c/kg, but there are strong signs that there could be more potential in the market.

Kildare Chilling is offering the top base quote of €5.40/kg plus its 10c/kg quality assurance (QA) bonus. Kepak has also increased its base quote to €5.30/kg plus 15c/kg QA, while the two Irish Country Meats plants are offering the same base quote of €5.30/kg.