Lamb holds steady, sales lower

THERE is some variation in the trend on lamb prices at the factories for this week, but overall change has been slight as is the variation between the plants.

Most of the factories are offering 430c/kg (153p/lb), plus the usual bonus for quality, some unchanged from last week and others up to 5c/kg lower. The exceptions are two Leinster plants, Moyvalley Meats paying an all in price of 440c/kg and Kepak at Hacketstown offering 435c/kg plus bonus.

In the marts the numbers on offer for the opening sales this week were generally lower and the trade is reported to be steady.

In Britain the supply dropped during the first half of last week which benefited the producers.. The average price at the beginning of the week equivalent to around 445c/kg including VAT increased to 455c/kg towards the weekend as the supply tightened again.

In France, quotes for Grade 1 Irish spring lamb delivered to Paris started off strongly last week before easing somewhat as the week progressed with quotes making 455c/kg including VAT. However, the demand is expected to pick up over the coming week as the Ramadan festival closes on September 9.

At the marts there was a much smaller sale at Corrin Mart on Monday where there was 460 head. Butchers paid €90/head to €111/head, equivalent to €40 over to €56 over. The factory lots sold for up to €87/head or €43 over.

There was a large sale of 1,780 head at Kilkenny Mart on Monday where the prices were reported to be sharper than the previous week. Butchers paid €40 over to €57 over and the factory lots sold for €40 over to €54 over.


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