Ireland: Lamb prices steady as ewe offerings fall

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The sheep trade this week has shown signs of stability for lamb prices, but the same cannot be said for offerings for ewes from some processors.

This week (beginning Monday, August 19), base prices for spring lambs are at €7/kg up to €7.05/kg, while quality assured (QA) lambs will fetch prices of €7.20/kg

Base quotes 12 months ago stood at €6/kg up to €6.05/kg, with QA lambs moving at €6.20/kg.

Today, up to €4/kg is available for a cull ewe. This price is from Irish Country Meats (ICM), where a year ago, €2.90/kg was available.

This represents an increase of €1.10/kg, or a rise of €49.50/kg on a 45kg carcass in one year.

153,114 ewes and rams have been slaughtered to-date according to the Department of Agriculture, Food and the Marine (DAFM).

Colm Ryan | Agriland

 

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