Month: January 2022

The KBC Bank consumer sentiment index shows that young people believe their incomes will improve. It also indicates that most people expect house prices to continue rise over the next five years. Only one in 10 sees them falling. KBC economist Austin Hughes ponders whether this fear of ever more expensive housing could be adding to demand at present? Consumers in Munster are more convinced of this than those in other…

Fine Gael, MEP for the Midlands North West, Colm Markey, is of the view that remote and hybrid working options have the potential to “completely revive” rural Ireland. The MEP highlights the potential of derelict buildings such as old banks, which can be turned into remote working hubs making towns and villages more attractive places to raise a family in. Other benefits of remote work include lower emissions, more family…

ICSA sheep chair Sean McNamara has said farmers should not accept any less than €7.00/kg for hoggets over the coming weeks. “Factories are doing everything in their power to chip away at prices, so we must do everything in our power to resist them,” he stated.   “As sheep farmers our cost of production is upwards of €7.00/kg and rising all the time, so we are only demanding what is fair. It…

Wednesday’s selected Sheep Mart Price Report: Copyright LSL Auctions. SHEEP 30-40KG Avg Price/KgSHEEP 3.21/kgHighest Price/Kg Lots:SHEEP, 32kg 3.38/kg 108.00SHEEP, 39kg 3.23/kg 126.00SHEEP, 39kg 3.03/kg 118.00 SHEEP 40-50KG Avg Price/KgSHEEP 3.06/kgHighest Price/Kg Lots:SHEEP, 40kg 3.1/kg 124.00SHEEP, 49kg 3.02/kg 148.00 SHEEP 60-70KG Avg Price/KgSHEEP 1.56/kgHighest Price/Kg Lots:SHEEP, 68kg 1.71/kg 116.00SHEEP, 65kg 1.42/kg 92.00 LB 40-50KG Avg Price/KgLB 3.09/kgHighest Price/Kg Lots:LB, 40kg 3.28/kg 131.00LB, 48kg 3.25/kg 156.00LB, 49kg 3.20/kg 157.00LB, 48kg 3.19/kg 153.00LB,…

Wednesday’s selected Cattle Mart Price Report: Copyright LSL Auctions. CATTLE 300-400KG Avg Price/KgCATTLE 2.78/kgHighest Price/Kg Lots:CATTLE, 380kg 2.89/kg 1100.00CATTLE, 395kg 2.86/kg 1130.00CATTLE, 340kg 2.76/kg 940.00CATTLE, 385kg 2.70/kg 1040.00CATTLE, 360kg 2.69/kg 970.00 CATTLE 400-500KG Avg Price/KgCATTLE 2.18/kgHighest Price/Kg Lots:CATTLE, 405kg 2.67/kg 1080.00CATTLE, 400kg 2.55/kg 1020.00CATTLE, 427kg 2.34/kg 1000.00CATTLE, 462kg 2.21/kg 1020.00CATTLE, 440kg 2.20/kg 970.00CATTLE, 445kg 2.13/kg 950.00 CATTLE 500-600KG Avg Price/KgCATTLE 1.79/kgHighest Price/Kg Lots:CATTLE, 515kg 2.14/kg 1100.00CATTLE, 580kg 1.84/kg 1070.00CATTLE, 560kg…

Three top selling brands accounted for 60% of total sales of 1,910 new tractors registered in the Republic of Ireland last year. These were John Deere (22%), Massey Ferguson (20%) and New Holland (18%). This is according to figures from the Farm Tractor and Machinery Trade Association (FTMTA). Compared to 2019, John Deere also led the way with a 21% share, followed closely by Massey Ferguson (20%) and New Holland…

The Independent Strategic Review of the Northern Ireland Agri-Food Sector (ISRAF) was published today, January 26, 2022. This was announced by Agriculture Minister Edwin Poots and Economy Minister Gordon Lyons. The report explores the challenges and opportunities that the agri-food sector in Northern Ireland faces. Led by Sir Peter Kendall, the review team met with a range of stakeholders in 2021, and produced its findings and established a set of recommendations for…

Here are the best livestock sales for yesterday 25/01 via LSL Auctions. Lot 911, Price 1960.00, Tag ****, (SK) Limousin Suckler, Weight 780kg Watch the full video here. Lot 113H, Price 2390.00, Tag ****, (HW) Limousin Cross Heifer, Weight 420kg Watch the full video here. Lot 6, Price 1770.00, Tag ****, (M BULLOCK) Angus Bullock, Weight 720kg Watch the full video here. LSL News.

Glenn Hanna, associate director of AECOM Cork, previewed their forecast for the Irish construction sector. He is optimistic that 2022 will be as stable as last year. “Overall, we in the sector are feeling hopeful, albeit with some nervousness. Hopefully, there will be no further lockdowns resulting in construction site closures and, unlike the last two years, the industry will have a full 12 months of activity.” “If that is…

Tuesday’s selected Cattle Mart Price Report: Copyright LSL Auctions. WB 300-400KG Avg Price/KgAAX 2.39/kgCHX 2.22/kgFR 1.53/kgLM 1.50/kgLMX 2.57/kgSIX 2.17/kgWB 1.84/kgHighest Price/Kg Lots:SAX, 395kg 18.78/kg 7420.00LMX, 330kg 3.06/kg 1010.00LMX, 380kg 3/kg 1140.00LM, 370kg 2.97/kg 1100.00LMX, 340kg 2.94/kg 1000.00CHX, 370kg 2.89/kg 1070.00 WB 400-500KG Avg Price/KgCHX 2.43/kgLMX 2.39/kgSIX 2.07/kgWB 1.47/kgHighest Price/Kg Lots:CHX, 410kg 2.83/kg 1160.00CHX, 420kg 2.81/kg 1180.00CHX, 400kg 2.75/kg 1100.00LMX, 415kg 2.65/kg 1100.00CHX, 410kg 2.61/kg 1070.00CHX, 420kg 2.60/kg 1090.00 WB 500-600KG…

Tuesday’s selected Sheep Mart Price Report: Copyright LSL Auctions. SHEEP 30-40KG Avg Price/KgSHEEP 1.41/kgHighest Price/Kg Lots:SHEEP, 30kg 2.63/kg 80.00SHEEP, 38kg 1.45/kg 55.00SHEEP, 36kg 0.14/kg 5.00 SHEEP 40-50KG Avg Price/KgSHEEP 1.89/kgHighest Price/Kg Lots:SHEEP, 41kg 3.00/kg 122.00SHEEP, 40kg 2.95/kg 118.00SHEEP, 44kg 1.36/kg 60.00SHEEP, 48kg 1.33/kg 64.00SHEEP, 42kg 1.33/kg 56.00SHEEP, 44kg 1.33/kg 58.00 SHEEP 50-60KG Avg Price/KgSHEEP 2.12/kgHighest Price/Kg Lots:SHEEP, 52kg 2.85/kg 148.00SHEEP, 55kg 2.73/kg 150.00SHEEP, 52kg 2.70/kg 140.00SHEEP, 58kg 2.57/kg 150.00SHEEP, 58kg…

Monday’s auctions on LSL. Register at www.lslauctions.com to take part. *Details correct at the time of publication. Auctions are subject to change without notification.

Here are the best sales for yesterday, 24/01, via LSL Auctions. Lot 114, Price 7420.00, Tag ****, (WB) – sold at GVM Tullamore Mart Saler Cross Weanling, weight 395kg Watch the full video here. Lot 863, Price 2210.00, Tag x1, (HEIFER) – sold at Stranorlar Mart Belgian Blue Heifer, Weight 484kg Watch the full video here. Lot 712, Price 2600.00, Tag ****, (S) – sold at Kilmallock Mart Angus Suckler, Weight…

The viability of residential development could be under threat in the face of proposed limits on the amount of debt Irish-regulated property investment funds can hold. It is thought that this could slow the delivery of new projects. Rules outlined by the Central Bank in November last year, would cap leverage at 50pc of a fund’s value – well below the average level for those that invest in large multifamily…

Studies carried out by Teagasc show that farms with good sheep housing are 25% more labour efficient than farms where housing was rated as poor. Sheep specialist Damian Costello says this is something farmers should be mindful of when designing new housing, or in assessing the suitably of existing housing. Key factors which make a difference: – Feeding space and floor space requirements – Number of pen divisions – Adequate…

Dairy inflation may be here to stay, according to the Arlington, Virginia-based National Milk Producers Federation. There have been pullbacks in the number of cows in U.S. herds, and consequently in milk production. The reductions have been “dramatic,” and futures markets are indicating that the trend will last well into 2022. With pandemic restrictions, it’s been getting too expensive to feed cows due to expensive grain. So farmers are shrinking…

Monday’s selected Cattle Mart Price Report: Copyright LSL Auctions. CO 400-500KG Avg Price/KgCO 1.13/kgFR 1.25/kgFRX 1.07/kgHighest Price/Kg Lots:HEX, 445kg 1.48/kg 660.00CO, 475kg 1.35/kg 640.00FR, 485kg 1.32/kg 640.00FR, 495kg 1.31/kg 650.00FR, 485kg 1.28/kg 620.00FRX, 490kg 1.27/kg 620.00 CO 500-600KG Avg Price/KgCO 1.37/kgFR 1.29/kgFRX 1.25/kgHighest Price/Kg Lots:FR, 568kg 1.94/kg 1100.00JEX, 560kg 1.89/kg 1060.00CO, 590kg 1.64/kg 970.00FR, 590kg 1.59/kg 940.00FR, 560kg 1.55/kg 870.00FR, 535kg 1.53/kg 820.00 CO 600-700KG Avg Price/KgCO 1.48/kgFR 1.46/kgFRX 1.55/kgHighest…

Monday’s selected Sheep Mart Price Report: Copyright LSL Auctions. SH 20-30KG Avg Price/KgSH 1.78/kgHighest Price/Kg Lots:SH, 22kg 1.91/kg 42.00SH, 29kg 1.90/kg 55.00SH, 22kg 1.55/kg 34.00 SH 30-40KG Avg Price/KgSH 3.04/kgHighest Price/Kg Lots:SH, 36kg 3.36/kg 121.00SH, 39kg 3.23/kg 126.00SH, 38kg 3.18/kg 121.00SH, 38kg 2.92/kg 111.00SH, 39kg 2.90/kg 113.00SH, 37kg 2.65/kg 98.00 SH 40-50KG Avg Price/KgSH 3.10/kgHighest Price/Kg Lots:SH, 40kg 3.28/kg 131.00SH, 46kg 3.22/kg 148.00SH, 42kg 3.19/kg 134.00SH, 41kg 3.17/kg 130.00SH, 48kg…

Here are Saturday’s Best Sales for Livestock – 22/01 Lot 107, sold for 3,000 – at Carnew Mart Belgian Blue Cross Bullock, Weight 990kg Watch the full video here. Lot 45, sold for 3,140 – at Kanturk Mart Fr Milk Cow, Weight 615kg Watch the full video here. Lot 323, Sold for 1,820 – at Ballinasloe Mart Si Cow in-Calf, Weight 800kg Watch the full video here. Lot 37C, sold for 2,300 – at…

The Association of Farm & Forestry Contractors (FCI) has released its annual pit silage guide. It covers the advised silage and willow harvesting rates for 2022. The body emphasizes that these are merely guidelines, but is “satisfied” that these average estimates provide “fair and reasonable” guidance for farm and forestry contractors and their clients. Actual guide charges may vary between:– Regions – Across soil types – Distance travelled – Size…

Anti-inflammatory drugs can be used on calves during the rearing period to manage pain, thereby improving animal welfare. This was shared at a recent virtual CalfCare event run by Animal Health Ireland (AHI), in conjunction with Teagasc and Volac. Glanbia veterinary advisor Joris Somers advised that, “For anything that causes the calf pain, an anti-inflammatory can be used to help with pain management and recovery. Including scour, which is a stomach…

Cow number analysis over the past 10 years shows that dairy cow numbers have increased by 40%. This now puts the national dairy herd at over 1.603m, up from 1.144m in 2012. This increase in dairy cow numbers has led to a change in the most popular beef breeds, and data released by the Irish Cattle Breeding Federation (ICBF) echoes this continued growth in the dairy sector. The abolition of…

The National Housing Strategy for Disabled People 2022 – 2027 was launched on January 14, 2022, by the Minister for Housing, Local Government and Heritage, Darragh O’Brien TD; the Minister of State for Planning and Local Government, Peter Burke TD; and Minister of State with responsibility for Disability, Anne Rabbitte TD. It sets out the government’s vision for delivering housing and related supports for disabled people. The new strategy places…

In January 2021, the European Commission opted to restrict the use of lead gun ammunition in wetlands across all 27 EU member states. The ban is set to come into force from February 15, 2023. Minister of State, Malcolm Noonan, has announced that a working group is to be set up to examine the impact of the ban in and around Irish wetlands. If over 20% of a country’s territory is…

Saturday’s selected Sheep Mart Price Report: Copyright LSL Auctions. LAMB 20-30KG Avg Price/KgLAMB 2.43/kgHighest Price/Kg Lots:LAMB, 27kg 4.81/kg 130.00LAMB, 26kg 2.27/kg 59.00LAMB, 27kg 2.07/kg 56.00LAMB, 20kg 2/kg 40.00LAMB, 24kg 1.84/kg 45.00LAMB, 25kg 1.56/kg 39.00 LAMB 30-40KG Avg Price/KgLAMB 2.62/kgHighest Price/Kg Lots:LAMB, 30kg 3.77/kg 113.00LAMB, 36kg 3.38/kg 120.00LAMB, 39kg 2.97/kg 116.00LAMB, 38kg 2.96/kg 114.00LAMB, 38kg 2.86/kg 110.00LAMB, 38kg 2.75/kg 103.00 LAMB 40-50KG Avg Price/KgLAMB 2.88/kgHighest Price/Kg Lots:LAMB, 48kg 3.20/kg 155.00LAMB, 45kg…