Quotes: Base quotes from most major processors have increased this week with lambs trading in the region of €7.90/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 October 3rd) has increased by €0.06/kg to €7.90/kg. Trade is €0.42/kg ahead of the corresponding period last year when the reported deadweight price was €7.48/kg. Meanwhile in GB reported deadweight lamb prices have recovered this week with prices up by €0.04/kg to €8.56/kg. The trade in Northern Ireland has risen by the equivalent of €0.17/kg to €7.75/kg. Irish prices have increased by €0.21/kg within a month, while the GB price has increased by €0.31/kg over the same period, signalling pressure across markets from factors such as grass availability. Looking at the Southern Hemisphere, trade is coming under some pressure in Australia, with reported prices for heavy lambs falling by the equivalent of €0.25/kg to €6.54/kg last week. In New Zealand prices have stabilised, with last week’s price recorded at €6.08/kg.
Throughput: Total sheep throughput in DAFM approved plants for week ending October 3rd was 40,852, 1% ahead of the corresponding week in 2025. Current YTD throughput is on par with 2025 levels at 1,603,174 head.
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