NI lamb worth is falling wanting prices of manufacturing

 

The returns farmers in Northern Ireland (NI) are receiving for his or her lamb is decrease than the price of manufacturing, the Ulster Farmers’ Union has warned.

Pat McKay, beef and lamb chair, has stated a rise is required within the worth to assist producers maintain their farm companies because the cost-of-living-crisis bites.

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NI processors had final week been quoting costs between 510-515p/kg, nevertheless, they’re nonetheless solely paying as much as 21kgs.

“Farmers want a return for lambs as much as 22kg,” stated Mr McKay.

“It is in everybody’s greatest pursuits that NI processors work in a way that instils confidence in our farmers, exhibiting their assist for the first producer when they’re evidently scuffling with the rising value of manufacturing.

“It’s unfair to show a blind eye to it and anticipate farmers to soak up the additional prices alone whereas producing the high-quality lamb processors and customers anticipate on the identical time.”

There has lengthy been a differential within the worth paid for lamb in NI, in comparison with the value paid in Great Britain.

Figures from the Livestock and Meat Commission present that, within the week ending 22 October, the deadweight worth was averaging 499p/kg in NI, versus 523p/kg in Great Britain and slightly below 534p/kg within the Republic of Ireland.

Mr McKay warned that if the problem of farmgate costs was not tackled, it will have a extreme influence on farming companies and the sector as a complete.

“Live markets have seen a rise in costs over the previous couple of weeks and I urge farmers to think about all choices obtainable to them in an effort to maximise their returns,” he added.

“When choosing animals on the market or slaughter, batching animals in line with reside weight and situation will help generate a greater return. The killing share for grass-fed lambs has been poor and farmers should be cautious when choosing.”