Lamb prices edge up another 10c/kg
Base prices at the start of this week ranged from €6.05/kg up to €6.20/kg. Fast forward a few days and prices are on an upward trajectory again with lifts in price of 10c/kg materialising.
Kildare Chilling has increased its offering for today, Thursday (November 17) to €6.30/kg plus a 10c/kg quality assurance (QA) bonus – up 10c/kg from earlier in the week.
Irish Country Meats remains on a base price of €6.10/kg plus a 10c/kg QA bonus.
While one western-based meat processing plant has increased its offering to €6.15/kg, up 10c/kg from the start of the week.
This is leaving base prices ranging from €6.10-6.30/kg, with QA lambs moving at prices ranging from €6.20-6.40/kg.
This is leaving prices at the top end of the market pushing €6.40-6.50/kg and even above this level in certain cases.
Base prices in the past two weeks have increased by as much as 30c/kg and have inserted some optimism in the trade once again.
Although prices have lifted in the last fortnight, prices are still a way off what they were this time last year when base quotes were over €7.00/kg – which many producers are pointing their frustrations at.
Meanwhile, ewe quotes remain unchanged at €2.90-3.00/kg.
