Irish Spring lamb quotes ease

Irish Spring lamb quotes ease

Ireland: Procurement managers have moved to bring spring lamb quotes back by 10-20c/kg in recent days. Most plants are now offering 470-490c/kg (excluding Quality Assurance (QA) Scheme bonuses) to secure supplies.

Ewe prices have also come under some pressure this week and the plants that have set prices are starting negotiations at 250-260c/kg.

Kildare Chilling leads the way and is offering farmers 490c/kg + 10c/kg QA for spring lambs. Kepak Athleague is starting negotiations with farmers at 485c/kg + 5c/kg QA and the two Irish Country Meats plants are offering a base quote of 470c/kg + 10c/kg QA.

There was a noticeable increase in the number of spring lambs slaughtered in Department of Agriculture approved sheepmeat export plants during the week ending August 20.

Some 49,411 spring lambs were slaughtered during the third week of August; that’s an increase of 7,532 head or 18% compared to week earlier levels.

Another big kill is expected this week as the Muslim festival of Eid-al-Ahda is set to take place on September 2.

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full story – agriland

Sean Cummins