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Sheep prices: Farmers urged to ignore quotes

May 17, 2021 1:59 pm Sheep farmers are being urged to “ignore quotes” on lamb due to a continuing strong performance in the market. The Irish Farmer’s Association (IFA) said today (Monday, May 17) that demand for lamb is outweighing supplies and that factories are paying “well above” quoted prices in order to secure supply. “The practice of quoting prices that in no way reflect the market is angering farmers and undermining producer groups who have made commitments to factories,” IFA National Sheep Committee chairperson Sean Dennehy said. Dennehy argued that there is “an urgent need for greater transparency” through accurate and up-to-date factory price reporting.

Processor importing lamb slammed by IFA

Sheep farmers back major wool study to develop struggling industry

Farm organisations have welcomed movement on the commissioning of a major feasibility study aimed at developing Ireland s struggling wool market. In Budget 2021 €100,000 was secured for the assessment to establish whether or not a variety of Irish wool products can be progressed for national and international markets. The move comes at at time of significant challenge for the wool industry, as sheep farmers say current product returns don’t justify the additional work for farmers associated with packing and presenting wool for sale. ICSA Sheep Committee chairman Sean McNamara said: “We are pleased to see this €100,000 initiative come to life. The downfall in price, particularly in 2020, was not only catastrophic for sheep farmers, but it also resulted in so much of this valuable natural resource going to waste. This is something that must never be repeated.

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