EU sheep meat decline may lift prices

A PREDICTED continued decline in sheep meat supplies across the European Union should help to underpin prices in the future, Agriculture and Food Minister Mary Coughlan said yesterday.

EU sheep meat decline may lift prices

During a visit to Teagasc Athenry, where the national sheep research centre is based, she said supplies so far this year were at 82% of last year’s level while prices were up 5% on average for the same period.

“While the sheep meat market in 2006 was relatively steady, we did witness a decrease in production reflecting a reduction in the breeding flock following on from the decoupling of premia from production in 2005.”

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