Sunday, November 27, 2022
9.6 C
Galway
HomeFarming NewsSheep trade: Lamb prices moving upwards
Catherina Cunnane
Catherina Cunnanehttps://www.thatsfarming.com/
Catherina Cunnane hails from a sixth-generation drystock and specialised pedigree suckler enterprise in Co. Mayo. She currently holds the positions of editor and general manager at That's Farming, having joined the firm during its start-up phase in 2015.
Reading Time: 2 minutes

Sheep trade: Lamb prices moving upwards

October 2021 sheep prices

Factories across Northern Ireland increased lamb prices by up to 5p/kg this week (October 2021).

The Livestock and Meat Commission reported that quotes for R3 grading lambs “improved as the week progressed”. Prices ended this week in the region of 495p/kg up to 21kg.

October 2021 sheep prices

The LMC spokesperson said: “The plants have reported strong supplies of lambs coming forward for slaughter with 10,139 lambs processed locally last week. This is up 365 from the previous week.”

“The NI deadweight lamb price last week increased by 4.6p/kg to 476.3p/kg. Meanwhile, the ROI deadweight lamb price was up 11p/kg to the equivalent of 521.1p/kg.”

Furthermore, exports of lambs to ROI for direct slaughter increased to 7,332 head last week, up 654 from the previous week.

In the same week in 2020, 6,407 lambs were exported from NI to ROI for direct slaughter.

The previous week, the commission plants reported “strong” supplies of lambs coming forward for slaughter with 10,139 lambs processed locally. This is up 365 head from the previous week.

Exports of lambs to ROI for direct slaughter rose to 7,332 head last week, up 654 from the previous week.

“The NI deadweight lamb price last week increased by 4.6p/kg to 476.3p/kg. Meanwhile, the ROI deadweight lamb price was up 11p/kg to the equivalent of 521.1p/kg.”

In the same week last year, 6,407 lambs were exported from NI to ROI for direct slaughter.

Beef prices

“Under pressure” were the words the LMC (Livestock and Meat Commission) used to describe the beef trade in Northern Ireland this week.

In its weekly market report, it reported that plants paid between 386-394p/kg for U-3 grading prime cattle.

Furthermore, it explained that during the corresponding period in 2020, processors quoted between 354-360p/kg for in-spec U-3 grade steers and heifers.

Besides, quotes for O+3 cows also “remained under pressure” this week, ranging from 260-300p/kg.

“The NI deadweight trade for prime cattle came under pressure last week with the majority of steer and heifer prices back from the previous week,” a spokesperson said.

See full report.

- Advertisment -

Most Popular