Uplift in Lamb Prices Needed as Costs Increase – IFA
IFA Sheep Chairman Kevin Comiskey said lamb prices have started to rise, with an additional 5c/kg to 10c/kg on offer for lambs.
He said lambs are making from €6.10/kg to €6.45/kg on weights to 22kg, with higher deals for groups and larger lots.
“Mart sales have also improved. Agents and wholesalers are very active and competing strongly for the limited number of fleshed lambs available where prices are comparable to what factories are offering in some instances,” he said.
Kevin Comiskey said factories must now come forward and do more to support sheep farmers at this critical time and ensure increased production costs on sheep farms are reflected in higher prices paid to farmers.
Cull ewes are making €3.00/kg to €3.30/kg in general, with some prices pushing up to €3.50/kg.
The IFA Sheep Chairman said farmers should sell hard and avoid selling underweight lambs to maximise returns.