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SHARING OPTIONS: Prices are being strongly influenced by the quality of lambs offered and in particular the level of flesh cover. / Patrick Browne The sheep trade has recorded another positive week of trading. The week started off in an excellent fashion on Monday, with agents keen to compensate for a relatively low level of lambs coming on stream over the weekend. There were murmurs in sales on Tuesday and Wednesday that factory agents were being afforded less purchasing power and while some sales may have started with slightly less intensity, normal service soon resumed, with agents not willing to miss out on numbers. ....
Demand is solid for fleshed spring lambs with good conformation and kill-out potential. \ Patrick Browne Mart managers are reporting a relatively solid trade over the last week for hoggets and spring lambs. Prices have eased in some cases by €2 to €5 per head for certain categories of stock, with lighter spring lambs for example easing back in price, but prices for other classes have been underpinned by firm competition between buyers. Quality is also having a major influence on price and this is particularly the case for hoggets, with a price differential of up to €10 or even greater between similar-weight hoggets of varying quality. ....
SHARING OPTIONS: There is more appetite than normal at this time of the year for ewe hoggets with breeding potential. The mart trade continues to enjoy a rich vein of form, with all classes of stock meeting a vibrant trade. There have been a few reports of spring lambs meeting an easier trade and prices easing by €3 to €7 for lighter lambs, but where this has occurred, it has generally been from a higher-than-average price point in the week previous. There is quite a bit of price variation within sales for lambs of a similar weight but variable quality. Heavier types weighing 45kg to 50kg are trading anywhere from €160 to €180, with small numbers of top-quality lots hitting up to €185. ....
Buying for Ramadan has started and this will keep a strong floor under the trade. Quarter one of 2021 has positioned itself firmly in the record books with the excellent trade for hoggets and cull ewes now joined by spring lambs topping the €200 per head mark. A number of sales held over the last week breached the €200 per head mark for small numbers of top-quality spring lambs. ....