IFA National Sheep Committee Chairman Sean Dennehy said factory prices for hoggets continues to increase.
He said factories are freely paying €7.30kg to €7.50/kg, with higher prices available to secure supplies to meet the strong market demand.
“Deals on weight to 24kgs are also on offer from factories as they try to secure numbers to fill orders,” he said.
Farmers should sell hard in a positive and rising market where supplies are a long way short of demand.
Sean Dennehy said ewe prices are ranging from €2.90 to €3.20/kg in general.