All-in 460 cent/kg best on offer for lambs this week

THERE has been further easing in lamb prices at factories for this week, continuing the trend of the past month.

Some processors have left last week’s prices unchanged, but nearly half have eased prices by as much as 5 cent/kg (2p/lb).

The best on offer for this week is the all-in 460 cent/kg (164p/lb) at Moyvalley Meats, Co Kildare. The remainder are equally divided between 450 cent/kg plus bonus for quality, and 445 cent/kg plus quality bonus, equating to 160p/lb and 162p/lb, plus quality bonus.

In the marts, the trade last Monday was reported to be steady in general, but interest in lambs had weakened a little at some locations.

The entry at Fermoy was down 50% from the previous week, with 650 head on offer. The butchers’ lambs sold for €98 to €108/head, or €47 over to €56 over. Factory lots sold for up to €94/head, or €49 over.

There was a large sale of 1,800 head at Kilkenny Mart on Monday for a generally quieter trade. Butchers paid €45 over to €55 over, and factory agents paid €40 over to €54 over. Stores sold for €35 over to €45 over.

The trade in Britain eased last week as larger volumes of lamb emerged onto the market. By the weekend, live market prices had fallen by about 5 cent to the equivalent of 435 cent/kg (155p/lb).

In France, with strong supplies from Britain, there was little change in the trade last week. Supplies of Irish lamb on the market were reported to be limited, with Irish grade 1 lamb making about 465 cent/kg by the weekend.

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