EASTER LAMB HITS THE MARKET

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EASTER LAMB HITS THE MARKET
10 Apr 2017

EASTER LAMB HITS THE MARKET

Sheep

The trade for Easter lamb will kick off in earnest this week and factories are quoting prices of €6.10/6.20 have been disappointing to date, according to Sheep Chairman John Lynskey.

Some factories paid up to €6.30/6.40/kg for spring lambs last week. In addition, some deals have been done at much higher prices and butchers and wholesalers are paying €6.30/6.40/kg without any weight limits.

John Lynskey said farmers need to get spring lambs into at least €135 per head.

John Lynskey said with the high costs involved in Easter lamb, producers would need a price closer to €7.00/kg to leave a reasonable margin, particularly considering the heavier work load involved.

On hoggets he said the factories are paying €5.10 to €5.20/kg with €5.25/kg paid in places. Again, he said this is disappointing at this time of year and well behind last year’s trade. Ewes are making from €3.00/3.20/kg.

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