10 Apr 2017
EASTER LAMB HITS THE MARKETSheep
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.