2022 - Page 48 of 85 - LSL Auctions News

LSL Select Price Report – Sheep Mart 16/09/2022

LSL Select Price Report – Sheep Mart 18/05/2022

Thursday’s selected Sheep Mart Price Report: Copyright LSL Auctions. SHEEP 40-50KG Avg Price/KgSHEEP 3.74/kgHighest Price/Kg Lots:SHEEP, 42kg 4.02/kg 169.00SHEEP, 44kg 3.98/kg 175.00SHEEP, 44kg 3.95/kg 174.00SHEEP, 44kg 3.95/kg 174.00SHEEP, 43kg 3.95/kg 170.00SHEEP, 44kg 3.91/kg 172.00 SHEEP 50-60KG Avg Price/KgSHEEP 3.06/kgHighest Price/Kg Lots:SHEEP, 50kg 3.5/kg 175.00SHEEP, 51kg 3.41/kg 174.00SHEEP, 52kg 3.38/kg 176.00SHEEP, 52kg 3.37/kg 175.00SHEEP, 53kg 3.36/kg 178.00SHEEP, 52kg 3.33/kg 173.00 SHEEP 60-70KG Avg Price/KgSHEEP 2.16/kgHighest Price/Kg Lots:SHEEP, 62kg 2.90/kg 180.00SHEEP, 62kg…

Rural Independents call for customers of KBC and Ulster Banks to be protected.

Customers struggle to finalize accounts as banks exit Irish market

It appears that KBC and Ulster Bank are only giving their 500,000 current account customers a six-month notice period to close or transfer their accounts before the banks exit the Irish market. This has caused problems for many customers who are finding it difficult to obtain replacement banking services. As such, the Rural Independent Group has called on the Minister for Finance and the Central Bank to safeguard customers. Leader…

New Protein/Cereal Mix Crop Scheme launched

The Minister for Agriculture, Food and the Marine, Charlie McConalogue, recently launched the Protein/Cereal Mix Crop Scheme. He said: “As part of our response to support the production of protein crops in Ireland, I am delighted to launch the Protein/Cereal Mix Scheme. Supporting domestic production of protein crops will reduce Ireland’s reliance on imported feed materials,” he said. “A budget of EUR 1.2 million is available for the Protein/Cereal Mix…

REA TE Potterton Tanderagee Longwood auction

REA TE Potterton – Tanderagee, Longwood, Co. Meath – 18/05

REA TE Potterton brings to auction via LSL Auctions a property at Tanderagee, Longwood, Co. Meath on 18 May, 2022 at 15:00. This most attractive farm is bordered by a river all under old pasture. Sold in 3 lots. Lot 1: Derelict Residence & Farmyard on c. 39 acres.Lot 2: 8.5 acres (opposite side of road).Lot 3: Entire Property See the catalogue: Here. Register to bid: Here. Contact REA TE…

GPS tractor guidance systems vulnerable to theft

Almost 70 incidents of cable theft, mainly in rural locations, have been reported in Ireland since November 2021. Farmers using GPS tractor guidance systems are also vulnerable to theft, and they are strongly encouraged to remove GPS kit from tractors when not in use and to store it securely. GPS theft is an international crime, yet wily criminals keep at it – stealing the GPS units, as well as quad bikes,…

LMC board member Joe Stewart with Shannon Smyth sheep young handler champion in the 8-11 age group. Also pictured is judge, Michael Graham.

Sheep young handlers set a high standard at Balmoral

The Balmoral Show aired great talent in the showring for sheep young handlers this year. The popular event, sponsored by the Livestock and Meat Commission (LMC) attracted a bumper number of entries from across the province. The competition was split into two age categories, 8 to 11 year-olds and 12 to 14 year olds. First into the ring was the younger of the two age groups. The difficult task of…

New slurry tanker for tough terrain

A new six-wheel-drive slurry tanker made in Ireland is set to help farmers safely navigate tough hills and soft, wet ground. Its ground-driven axle and additional tyres will enable slurry spreading in wetter conditions. The Slurry-TEK tanker is expected to be available on the island by the end of September. The company specialises in rain gun technology, and focuses on products that facilitate safer spreading on dangerous ground. The position of the axle…

Farmers should sell beef hard in current rising market, says IFA

Demand for beef in Ireland’s key export markets continues to drive the trade, according to IFA Livestock Committee chairman Brendan Golden. In a recent beef update on 13 May, 2022, he said supplies are not meeting demand and factories want cattle for immediate slaughter. Golden said UK prices rose again this week and, combined with the EU price, are resting 16c/kg above our price in the Prime Export Benchmark measure…

Sheep-rearing a new agri rehab skill

Young offenders’ sheep-rearing skills were honoured at The Balmoral Show recently. Inmate students from a prison facility in Belfast won their first red rosette for their Bluefaced Leicester sheep. Guided by Richard Graham, vocational training officer at Hydebank and part-time sheep farmer, they reared, fed and groomed the prize-winning Bluefaced Leicester sheep at Hydebank Wood College in Northern Ireland. Graham launched the agri-initiative partly to provide animal therapy to the…

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 23/11/2022

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 29/11/2022

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…

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…

viable future for farmers and rural communityiable future for farmers and rural community

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 11/08/2022

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…