Quotes: Base quotes from most major processors have increased this week with lambs trading in the region of €7.90/kg-€8.00/kg (plus QA bonus). The majority of processors have increased their carcase limit to 23kg. Producers with larger numbers of lambs that meet current market specifications have been able to negotiate slightly higher prices.
Prices: The average reported deadweight price last week (w/e September 26th) has increased by €0.39/kg to €7.84/kg. Trade is €0.36/kg ahead of the corresponding period last year when the reported deadweight price was €7.47/kg. Meanwhile in GB reported deadweight lamb prices have recovered this week with prices up by €0.06/kg to €8.52/kg. The trade in Northern Ireland has risen by the equivalent of €0.10/kg to €7.58/kg. Irish prices have increased by €0.21/kg within a month, while the GB price has increased by €0.27/kg over the same period, signalling pressure across markets from factors such as grass availability. Looking at the Southern Hemisphere, trade is strengthening in Australia, however reported prices for heavy lambs have fallen by the equivalent of €0.14/kg to €6.79/kg last week. In New Zealand prices have stabilised, with last week’s price recorded at €6.09/kg.
Throughput: Total sheep throughput in DAFM approved plants for week ending September 26th was 42,333, 4% ahead of the corresponding week in 2025. Current YTD throughput is on par with 2025 levels at 1,562,322 head.
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