Online Auctions – Wednesday’s Calendar 18/05/2022
Wednesday’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.
LSL Select Price Report – Cattle Mart 17/05/2022
Tuesday’s selected Cattle Mart Price Report: Copyright LSL Auctions. M BULLOCK 300-400KG Avg Price/KgAAX 2.54/kgFR 1.91/kgFR,FRX 1.91/kgFRX 1.91/kgHEX 2.49/kgLMX 2.70/kgSIX 2.66/kgHighest Price/Kg Lots:CHX, 311kg 3.28/kg 1020.00LMX, 395kg 3.11/kg 1230.00LMX, 362kg 2.96/kg 1070.00SIX, 331kg 2.84/kg 940.00AAX, 332kg 2.80/kg 930.00SIX, 361kg 2.77/kg 1000.00 M BULLOCK 400-500KG Avg Price/KgAAX 2.70/kgLMX 2.52/kgHighest Price/Kg Lots:AAX, 420kg 2.79/kg 1170.00AAX, 455kg 2.62/kg 1190.00LMX, 475kg 2.61/kg 1240.00LMX, 417kg 2.57/kg 1070.00AU, 400kg 2.45/kg 980.00LMX, 412kg 2.38/kg 980.00 M BULLOCK…
LSL Select Price Report – Sheep Mart 17/05/2022
Tuesday’s selected Sheep Mart Price Report: Copyright LSL Auctions. LB 20-30KG Avg Price/Kg3.45/kgHighest Price/Kg Lots:, 24kg 3.45/kg 84.00, 25kg 3.44/kg 86.00 LB 30-40KG Avg Price/Kg3.18/kgHighest Price/Kg Lots:, 39kg 4.18/kg 163.00, 35kg 3.86/kg 135.00, 38kg 3.84/kg 148.00, 36kg 2.93/kg 107.00, 33kg 2.55/kg 83.00, 36kg 2.49/kg 91.00 LB 40-50KG Avg Price/Kg3.52/kgHighest Price/Kg Lots:, 43kg 3.93/kg 169.00, 41kg 3.92/kg 160.00, 41kg 3.91/kg 162.00, 40kg 3.9/kg 156.00, 43kg 3.89/kg 166.00, 44kg 3.89/kg 171.00 LB…
Research initiative launched between Ireland and New Zealand
A new research initiative focusing on reduction of greenhouse gas emissions and enhanced carbon sequestration in ruminant, pasture-based production systems has been launched between Ireland and New Zealand. The launch of the new Joint Research Mechanism (JRM) is a result of the Ministerial Statement on Joint Cooperation in Agriculture between Ireland and New Zealand, made last October. Marking the signing of the MoA, Minister for Agriculture, Food and the Marine…
Nitrates Derogation needs to be workable and fair
Denis Drennan of the Irish Creamery Milk Suppliers Association has warned that the conditions attached to Ireland’s Nitrates Derogation are “unworkable”. Drennan, the association’s deputy president, called on Charlie McConalogue, Minister for Agriculture, Food and Marine, to intervene. He wants McConalogue to insist on the level of practicality required to achieve the overall aims and support the more than 6 000 family farms making use of the derogation. The Nitrates Derogation allows…
Call for Expressions of Interest in the proposed Croí Cónaithe (Cities) Scheme
The Minister for Housing, Local Government and Heritage, Darragh O’Brien, TD, and Chief Executive of The Housing Agency, Bob Jordan, have launched a call for Expressions of Interest in the Government’s proposed Croí Cónaithe (Cities) Scheme. The venture hopes to increase supply of owner-occupier apartments and provide those who wish to purchase a home with a greater choice. The Scheme is expected to deliver up to 5,000 additional apartments for…
Agricultural landscape offers huge opportunity for biogas industry
As an agricultural country, Ireland has huge opportunity for the development of the biogas industry to reduce farm fuel costs. Speaking at a recent conference, Barry Caslin, Teagasc energy and rural development specialist, pointed out that renewable energy operations generally need a lot of land. And while farmers must focus on producing food first, as landowners they must also look at how best to use their assets. What about exporting…
Royal Highland Show global livestream
In what has been described as a game changer for The Royal Highland Show this year, it will be livestreamed to showcase its 200th anniversary event across the globe. Organisers have secured £200,000 of funding from the Scottish Government to drive this ground-breaking initiative. Supported by Royal Bank of Scotland, the show will take place at The Royal Highland Centre, Ingliston, Edinburgh, from 23 to 26 June, 2022. The…
Housing Agency to use surveyors to assess buildings for housing
Surveyors will now be tasked with making recommendations to the Housing Agency on the suitability of commercial buildings for repurposing as homes. This comes as the agency plans to hire consultants to advise local authorities whether commercial properties, large homes and hospitality buildings such as hotels and B&Bs can be used for social housing. The state agency estimates that experts, builders and surveyors will inspect about 60 buildings nationwide every year, giving…
CPI increases 7% year on year to April 2022
The Central Statistics Office (CSO) published an update on prices for consumer goods and services on May 12, showing that CPI was up by 7% in April – year on year. Commenting on annual changes shown in the release, statistician Colin Cotter said: “Prices have been rising on an annual basis since April 2021, with an annual inflation of 5% or more recorded each month since October. The annual CPI…
Commentary on delivery of a viable future for the rural community
At the recent Fine Gael special conference on agriculture and rural development in Tullamore, Tánaiste Leo Varadkar said that a lot of farmers “feel that they’re being climate-shamed and being made to feel bad for the work that they do and the job that they have. That’s totally wrong, and we’re not going to get anything done in climate action if people feel that way. However,” he said, “the sector…
Online Auctions – Tuesday’s Calendar 17/05/2022
Tuesday’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.
LSL Select Price Report – Cattle Mart 16/05/2022
Monday’s selected Cattle Mart Price Report: Copyright LSL Auctions. CO 400-500KG Avg Price/KgFR 1.63/kgFRX 1.60/kgJEX 1.63/kgHighest Price/Kg Lots:FR, 450kg 2.33/kg 1050.00JEX, 475kg 2.19/kg 1040.00FR, 485kg 2.04/kg 990.00FR, 490kg 2.04/kg 1000.00FR, 495kg 2/kg 990.00NRX, 450kg 1.98/kg 890.00 CO 500-600KG Avg Price/KgAAX 2.18/kgFR 1.83/kgFRX 1.97/kgHighest Price/Kg Lots:AAX, 565kg 2.35/kg 1330.00FR, 545kg 2.31/kg 1260.00FR, 510kg 2.24/kg 1140.00FRX, 565kg 2.21/kg 1250.00FR, 585kg 2.19/kg 1280.00AAX, 535kg 2.15/kg 1150.00 CO 600-700KG Avg Price/KgAAX 2.05/kgFR 1.99/kgFRX 1.83/kgLMX…
LSL Select Price Report – Sheep Mart 16/05/2022
Monday’s selected Sheep Mart Price Report: Copyright LSL Auctions. SHEEP 30-40KG Avg Price/KgSHEEP 5.10/kgHighest Price/Kg Lots:SHEEP, 33kg 6.95/kg 230.00SHEEP, 35kg 6.86/kg 240.00SHEEP, 33kg 6.65/kg 220.00SHEEP, 39kg 3.74/kg 146.00SHEEP, 34kg 3.30/kg 111.00SHEEP, 38kg 3.09/kg 116.00 SHEEP 40-50KG Avg Price/KgSHEEP 3.71/kgHighest Price/Kg Lots:SHEEP, 47kg 4.79/kg 225.00SHEEP, 41kg 4.00/kg 163.00SHEEP, 44kg 3.93/kg 171.00SHEEP, 40kg 3.80/kg 154.00SHEEP, 40kg 3.78/kg 151.00SHEEP, 43kg 3.76/kg 163.00 SHEEP 50-60KG Avg Price/KgSHEEP 2.70/kgHighest Price/Kg Lots:SHEEP, 52kg 3.25/kg 168.00SHEEP, 50kg…
Dublin at risk of coastal flooding by 2100
By 2100, more than 8 500 buildings will be affected by coastal flooding in Dublin’s Central Area, with an average depth of 1.7 meters. Speaking at the recent Dublin Climate Summit 2022, Cervest founder and CEO Iggy Bassi highlighted areas at risk as businesses (hotels, museums, financial district), private property (residential homes) and energy suppliers (power stations). Using their advanced data visualization capabilities, Cervest created a 3D image to highlight flooding…
Bord Bia cattle trade and prices
Here are the latest Bord Bia cattle trade and prices figures for cattle and beef. Throughput Cattle supplies at export approved meat plants totaled 31,640 head during the week ending 5 May, 2022 (Week 18). This is 5,785 head below the previous week’s figure and 3,321 head above the corresponding week in 2021 (+12%). A total of 638,664 cattle have been processed during 2022 to date, an increase of 72,589 head from the…
Irish dairy industry steps in to boost baby formula exports to US
The Irish dairy industry is helping the US address a severe shortage in baby formula by air-shipping millions of cans of baby formula to the country. The US has been short of product following some product recalls, supply chain issues and unprecedented inflation levels. In a statement, Abbott, one of Ireland’s largest manufacturers, said they have shipped vast quantities of the infant formula by air from their facility in Cootehill,…
Eligibility for affordable home scheme allows high earners to qualify
There is an allocation of €60m this year to deliver around 550 homes under the Affordable Housing Fund, a scheme signed into law by Housing Minister Darragh O’Brien. But it has emerged that the just-published regulations of the scheme will allow home buyers on incomes of up to €100,000 qualify for it. Sinn Féin’s Eoin Ó Broin’s view is that, “The eligibility criteria are far too broad and would see…
Fertiliser prices have increased by 149%
Fertiliser prices were up by 149% year on year to March 2022, according to the Central Statistics Office (CSO). Energy and feed prices increased by 54.9% and 22.6% respectively. Milk prices are up by more than 32%, while cattle prices are more than 22% higher on an annual basis. Food price inflation is likely to get worse as higher energy costs continue to impact the economy. An average food basket…
July interest rate hike on the cards
As the anticipated July interest rate hike looms, Central Bank of Ireland governor Gabriel Makhlouf said at a recent Ibec national council meeting that the current deposit rate of minus 0.5% should be “in positive territory by early next year”. He added that “the first move in the European Central Bank’s interest rates will happen soon after net asset purchases end”. Bond-buying under the ECB’s asset purchase programme was introduced in late 2014.…
New Bord Bia Global Hub on Pembroke Road
Last week, Bord Bia hosted Food Academy: Taste of Local as their first partner programme at its new Global Hub on Pembroke Road, Ballsbridge. Bord Bia’s new office facilities have been designed to showcase Ireland’s agri-food sector both at home and internationally – a sector that exported €13.5 billion worth of food and drink last year – the equivalent of exporting almost €37 million worth of food and drink every…
Investment across 260 recreational forests and 12 forest parks
Minister for Rural and Community Development, Heather Humphreys TD, has announced €15 million in funding as part of a new five-year strategic partnership with Coillte designed to boost rural tourism. Some 260 recreational forests and 12 forest parks will receive investment as part of the initiative. This will result in improvements being carried out to some 3,000 kilometres of walking trails and cycleways in a major boost to outdoor tourism…
Online Auctions – Monday’s Calendar 16/05/2022
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.
Micro-Renewable Energy Federation punts renewable energy for farming
The new Fine Gael agricultural group has been urged by the Micro-Renewable Energy Federation (MREF) to seize the opportunity presented by renewable energy for farming. Eddie Downey has been selected to head up the party’s new National Agricultural, Food and Rural Development Forum. The MREF has welcomed a commitment given by the forum to prioritise a support scheme for farmers keen to invest in renewable energy and develop an additional income…
ICMSA to reduce members’ milk levy contribution
ICMSA, the Irish Creamery Milk Suppliers’ Association, announced this week that it will be reducing the milk levy contribution paid by its members by 33%. This reduction in the levy will apply for the remainder of 2022. The levy is based on a percentage of milk value. The decision was apparently made in the face of the extraordinary rise in farm input costs. “The year 2022 has been unprecedented so far with…
€20.6 million LIFE IP Wild Atlantic Nature project launched
A €20.6 million LIFE IP Wild Atlantic Nature project was officially launched yesterday, 13 May 2022, at Ballycroy, Co. Mayo by Minister of State for Heritage and Electoral Reform at the Department of Housing, Local Government and Heritage, Malcolm Noonan, and Minister of State for Land Use and Biodiversity at the Department of Agriculture, Food and the Marine, Senator Pippa Hackett. LIFE IP Wild Atlantic Nature primarily aims to deliver…
Spring lamb supply volume on the up in NI
The Livestock and Meat Commission (LMC) has confirmed that spring lamb supplies have increased in the past few weeks in Northern Ireland (NI). In keeping with seasonal trends, spring lamb numbers have been stepped up lately and accounted for 52.4% of throughput last week in NI. Base prices from factories for spring lambs this past week have ranged from 610-620p/kg up to a 21kg carcass weight. Prices at the start…
Online Auctions – Saturday’s Calendar 14/05/2022
Saturday’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.
LSL Select Price Report – Sheep Mart 13/05/2022
Friday’s selected Sheep Mart Price Report: Copyright LSL Auctions. LB 20-30KG Avg Price/Kg2.98/kgHighest Price/Kg Lots:, 22kg 3.69/kg 80.00, 29kg 3.17/kg 92.00, 26kg 2.69/kg 70.00, 29kg 2.38/kg 68.00 LB 30-40KG Avg Price/Kg2.66/kgHighest Price/Kg Lots:, 35kg 3.17/kg 111.00, 33kg 3.15/kg 104.00, 37kg 3.10/kg 114.00, 36kg 2.72/kg 98.00, 34kg 2.70/kg 93.00, 34kg 2.60/kg 87.00 LB 40-50KG Avg Price/Kg3.31/kgHighest Price/Kg Lots:, 46kg 3.85/kg 178.00, 43kg 3.85/kg 165.00, 42kg 3.76/kg 160.00, 49kg 3.76/kg 184.00, 43kg…
LSL Select Price Report – Cattle Mart 13/05/2022
Friday’s selected Cattle Mart Price Report: Copyright LSL Auctions. SC 400-500KG Highest Price/Kg Lots:CHX, 490kg 2.31/kg 1130.00SIX, 460kg 1.96/kg 900.00 SC 500-600KG Avg Price/KgAAX 2.00/kgLMX 2.30/kgHighest Price/Kg Lots:SIX, 580kg 2.71/kg 1570.00LMX, 555kg 2.34/kg 1300.00LMX, 550kg 2.25/kg 1240.00AAX, 590kg 2.25/kg 1330.00SHX, 555kg 2.13/kg 1180.00AAX, 590kg 2.10/kg 1240.00 SC 600-700KG Avg Price/KgCHX 2.51/kgLMX 1.92/kgHighest Price/Kg Lots:BA, 670kg 2.87/kg 1920.00BBX, 675kg 2.74/kg 1850.00CHX, 610kg 2.62/kg 1600.00CHX, 625kg 2.56/kg 1600.00CHX, 615kg 2.34/kg 1440.00SAX, 610kg…