21 May 2015
FARMERS DIGGING IN ON LAMB PRICES – IFASheep
IFA National Sheep Committee Chairman John Lynskey has said sheep farmers are digging in hard on lamb prices and holding out for €6.00/kg on lamb. He said “Attempts by factories to pull prices back are unjustified with supplies limited due to poor weather and only well-fed lambs coming fit. In addition, lamb prices are stronger in Northern Ireland and remain steady in GB and France.”
John Lynskey said earlier this week factories were paying from €6.00 to €6.15/kg with plants struggling to get numbers. He said farmers should strongly resist the lower quotes from the factories and insist on €6.00/kg.
On weights John Lynskey said most factories were paying up to 21kgs but some deals were being negotiated to 21.5kgs. He said this was an important issue for farmers and he said anybody selling lambs at this time should pay very close attention to selection and negotiate the maximum weight.
The IFA Sheep Chairman said the hogget’s have rapidly dried up and quality stock were making €5.50 to €5.60/kg.