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Greater competition between agents and tighter supplies has forced agents to pay more, with the two Irish Country Meats plants increasing their base quote by 10c/kg.
Opening quotes for quality assured lambs are reported as ranging from €7.20/kg to €7.40/kg with a high percentage of opening offers in the region of €7.30/kg.
Reports indicate supplies have increased in recent days, taking the pressure from agents to compete to the same degree and pay well above quoted prices.
On this week's Farm Tech Talk, the team looks at the sheep trade, dairy markets and we take a look at TAMS reference costs compared with actual fencing expenses.
A number of plants have increased base quotes by 5c/kg to 10c/kg, opening up a wider differential, with opening prices for quality assured lambs ranging from €7.20/kg to €7.40/kg.