Lamb Supplies Tighten as Overhang Is Gone – IFA
IFA National Sheep Chairman John Lynskey said the lamb trade is stable with factories paying from €5.10 to €5.20/kg. He said €5.15 is the general run on prices with tops of €5.20 paid. Carcass weights in general are 23kgs but some producers with quality stock are bargaining on this point.
John Lynskey said lambs are getting scarcer with the weekly kill dipping below 2016 levels for the first time this year at 46,242. He said the Department figures show that we have processed an additional 53,955 sheep to date this year, meaning that any surplus or overhang is now gone out of the system.
John Lynskey said the lamb price needs to drive on more as this time last year they were making €5.70/kg.
On ewes John Lynskey said factories are paying €3.00/kg up to 45kgs.
