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With last week’s sheep kill over 15,000 head lower, factories reacted strongly at the start of the week, lifting prices by 30c/kg to attract higher numbers forward.
Quotes for Tuesday have moved on again, with Kildare Chilling and the two ICM plants increasing hogget quotes by another 20c/kg and offering a base price of €7.20/kg.
The keen appetite for sheepmeat for the religious festivals of Easter and Ramadan is underpinning higher demand and supporting higher throughput levels and improved prices.
Lamb quotes have firmed by 10c/kg on last week’s level, with quotes ranging from €7.50/kg to €7.55/kg, while hoggets range from €6.80/kg to in excess of €7.00/kg.