Ireland Sheep trade: Lamb price lifts as Eid al-Adha drives demand

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Sheep prices have started to show signs of the expected increase this month ahead of the Eid al-Adha festival, with spring lamb showing increases of up to 15c/kg since last week.

The prices come this week with the announcement that the residency period from the export criteria for sheep for direct slaughter within the EU has been removed with immediate effect.

This week, Kildare Chilling is quoting €7.00/kg plus a 10c/kg Quality Assurance (QA) bonus, bringing its offering for hoggets to €7.10/kg. This outlet is paying up to 23kg carcass weight.

Irish Country Meats (ICM) is quoting €6.85/kg plus a 20c/kg QA bonus for hoggets, bringing its offering to €7.05/kg, up to a 23kg carcass weight.

Other outlets are quoting €6.60/kg plus a 15c/kg QA bonus, paying up to a carcass weight of 23kg.

Kildare Chilling is quoting €7.70/kg plus a 10c/kg QA bonus for spring lambs up to 21kg, bringing its total price up to €7.80/kg this week.

 

Colm Ryan | Agriland

 

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