09 Aug 2022

Lamb prices up on the back of strong demand – IFA


IFA Sheep Chairman Leeson Neale said lamb prices have increased by up to 20c/kg this week as factories compete for supplies.

He said prices of €6.40/kg are available, with deals to 21.5kgs. Better deals are available for larger lots and groups. Cull ewes are making €3.40 to €3.60/kg.

Leeson Neale said store and breeding sales are buoyant in the marts and they’re providing competition for lamb supplies to the factories.

He said farmers should sell hard in a strong market, while moving lambs as they become fit.

“The orderly selling of lambs this year is ensuring there will be no glut of lambs coming onto the market. The absence of imports from outside the EU in the market place is also a significant contributor to the positive market conditions which should prevail for the year,” he said.

He said factories must ensure these positive market conditions are reflected in prices to farmers.

To continue reading this article for FREE,
please kindly register and/or log in.

Registration is absolutely 100% FREE and will help us personalise your experience on our sites. You can also sign up to our carefully curated newsletter(s) to keep up to date with your latest local news!

Register / Login

Buy the e-paper of the Donegal Democrat, Donegal People's Press, Donegal Post and Inish Times here for instant access to Donegal's premier news titles.

Keep up with the latest news from Donegal with our daily newsletter featuring the most important stories of the day delivered to your inbox every evening at 5pm.