All-in 450 cent/kg for factory lambs

THERE has been further slippage in lamb prices at some processing plants this week, reflecting market instability on the continent.

While some processors have reduced prices by as much as 5 cent/kg, most prices quoted by processors are similar to last week’s.

An all-in 450 cent/kg (160p/lb) is quoted by Moyvalley Meats. The neighbouring Kildare Chilling and the Kepak plants at Hacketstown and Athleague offer 440 cent/kg (157p/lb) plus bonus for quality, while Dawn and ICM are on 435 cent/kg (155p/lb), plus the bonus.

In the marts, the trade was generally steady on Monday, with up to €64 over paid by butchers for lambs.

There were 500 head on offer at Fermoy Mart on Monday. Butchers paid €95 to €118/head for lambs, equivalent to €47 over to €64 over.

The factory lots sold for €84 to €94/head, or €40 over to €49 over.

At Kilkenny Mart on Monday, there were 1,050 on offer. Butchers lambs sold for €45 over to €56 over, and factory lots for €45 over to €55 over. Stores ranged from €31 over to €52 over.

In Britain, the trade eased slightly in response to increased supply, and somewhat subdued market demand in France. By last weekend, the prices had fallen by around 5c, to 425c/kg.

In France, prices for the limited volumes of Irish grade 1 Spring lamb on offer were reportedly holding at up to 445/kg by the weekend, even though supplies from Britain remained strong.

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