Update on NI sheep trade.
Factories across Northern Ireland offered 550-560p/kg for R3 grade hoggets (up to 22kgs) this week.
That is according to the LMC (Livestock and Meat Commission), who reported that prices “remained steady” this week.
Prices remained on par with the previous week’s levels, as That’s Farming reported.
In its weekly market outlook report, it explained that 560-570p/kg will be on the table for hoggets in most plants next week.
In a statement, a spokesperson for the commission said:
“The average deadweight hogget price in NI last week increased by 6.6p/kg to 547.6p/kg from the previous week.”
“Meanwhile, last week, the average ROI hogget price was up by the equivalent of 14.3p/kg to 589.6p/kg,” the spokesperson added.
The commission acknowledged that the public holiday last week impacted hogget supplies.
Therefore, 5,092 hoggets were processed in Northern Ireland last week compared to 7,783 head the week before.
Similarly, NI hogget exports to ROI last week for direct slaughter amounted to 4,443 head compared to 6,276 head the week prior to this.
Sheep prices: Update on NI trade
In the previous week’s report, the commission explained that the average deadweight hogget price in NI last week increased by 3.6p/kg to 541p/kg from the previous week.
Meanwhile last week, the average ROI hogget price was up by the equivalent of 15.8p/kg to 575.3p/kg.
Meanwhile, factories across Northern Ireland increased young bull, steer, and cull cow prices this week.
Heifers were the only category to experience a slight decline in prices.
- The average heifer price in NI last week saw a slight increase of 0.1p/kg to 407.7p/kg;
- The average young bull price in NI last week saw the largest increase, up by 7.8p/kg to 392.8p/kg;
- The average steer price rose by 0.8p/kg to 407.9p/kg;
- The NI average cow price was up by 1.9p/kg to 301p/kg, while the O3 cow price “strengthened” 6p/kg to 328p/kg.
Read an update on the beef trade.