LAMB SUPPLIES TIGHTER

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IFA National Sheep Committee Chairman John Lynskey said lambs are a bit tighter at the factories this week, and with sterling back at 88p/€, the influx and influence of Northern lamb imports will be less.

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IFA National Livestock Chairman Angus Woods said the beef trade is steady this week with the base price for steers at €3.80/kg and heifers making €3.90/kg. He said finished supplies are definitely tightening and demand remains very strong with some reports of top prices of €3.85 and €3.95/kg.

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IFA President Joe Healy said today’s speech by British Prime Minister Theresa May was disappointing and does not move forward the Brexit talks, nor does it address our concerns about the future trading relationship between the EU and the UK.

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Speaking at the National Ploughing Championships in Tullamore this week, IFA National Livestock Chairman Angus Woods said increased direct payments and a strong live export trade are essential to maintain our national suckler cow herd, which he described as the backbone of the €2.5bn Irish beef sector.

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IFA Potato Chairman Eddie Doyle has called on retailers and merchants to ensure viable returns for potato producers this season as the harvesting of main crop potatoes starts in earnest. 

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