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LSL Select Price Report – Cattle Mart 15/08/2022

LSL Select Price Report – Cattle Mart 12/05/2022

Thursday’s selected Cattle Mart Price Report: Copyright LSL Auctions. DC 400-500KG Avg Price/KgFRX 1.77/kgHighest Price/Kg Lots:LMX, 495kg 2.63/kg 1300.00FRX, 465kg 2.09/kg 970.00HEX, 475kg 2.06/kg 980.00FRX, 445kg 1.71/kg 760.00FRX, 470kg 1.51/kg 710.00 DC 500-600KG Avg Price/KgCHX 2.59/kgFR 1.96/kgFRX 1.87/kgLMX 2.70/kgSIX 2.13/kgHighest Price/Kg Lots:LMX, 580kg 2.72/kg 1580.00LMX, 585kg 2.67/kg 1560.00CHX, 510kg 2.65/kg 1350.00CHX, 560kg 2.64/kg 1480.00CHX, 595kg 2.47/kg 1470.00SIX, 575kg 2.35/kg 1350.00 DC 600-700KG Avg Price/KgCHX 2.55/kgDC 2.31/kgFR 2.15/kgFRX 2.06/kgHEX 2.32/kgLMX 2.48/kgHighest…

LSL Select Price Report – Sheep Mart 05/08/2022

LSL Select Price Report – Sheep Mart 12/05/2022

Thursday’s selected Sheep Mart Price Report: Copyright LSL Auctions. SHEEP 20-30KG Avg Price/KgSHEEP 3.56/kgHighest Price/Kg Lots:SHEEP, 28kg 3.71/kg 103.00SHEEP, 26kg 3.42/kg 90.00 SHEEP 30-40KG Avg Price/KgSHEEP 3.48/kgHighest Price/Kg Lots:SHEEP, 34kg 3.85/kg 130.00SHEEP, 36kg 3.83/kg 138.00SHEEP, 36kg 3.81/kg 137.00SHEEP, 37kg 3.76/kg 140.00SHEEP, 39kg 3.69/kg 145.00SHEEP, 37kg 3.66/kg 137.00 SHEEP 40-50KG Avg Price/KgSHEEP 3.27/kgHighest Price/Kg Lots:SHEEP, 41kg 3.79/kg 156.00SHEEP, 42kg 3.77/kg 159.00SHEEP, 42kg 3.76/kg 160.00SHEEP, 42kg 3.76/kg 156.00SHEEP, 44kg 3.72/kg 165.00SHEEP, 43kg…

Cairn Homes expects total build cost inflation

Build cost inflation could average at 6%, says Cairn Homes

Commentary from Cairn Homes indicates that it expects total build cost inflation of around 6% for 2022. This would encompass infrastructure, materials and labour. In a trading update ahead of its AGM this week, the company said that build cost inflation figures are uncertain, adding that it anticipates this will remain at elevated levels in the near future. The company also shared that its medium-term targets are to build up…

Murtagh Bros – Rathbracken, Granard, Co. Longford – 12/05

Murtagh Bros brings to auction via LSL Auctions a property at Rathbracken, Granard, Co. Longford on 12 May 2022 at 15:00. Lot: 1 Superb c.31.5 acres of elevated land with good road frontage, laid out in neat tidy divisions, renowned for its fattening abilities. See the catalogue: Here. Register to bid: Here. View details: Here. Contact Murtagh Bros on: +353 44 934 2512. LSL Auctions, LSL News.

Mortgage rates rise ahead of pending ECB increases

Central Bank of Ireland figures from March 2022 show that mortgage rates in Ireland are among the most expensive in the Eurozone. That’s second only to Greece. Yet rates are starting to increase, ahead of a possible rise in European mortgage rates as early as July. A first-time buyer in Ireland will take out a mortgage of about EUR 270,000, paying EUR 176 extra per month or EUR 2,100 per…

Pledges made by processors for pig price increases

In the wake of protests at various locations by The Irish Farmers’ Association (IFA) on 10 May, 2022, it appears that commitments have been made by a number of secondary processors to pass back pig price increases coming from primary processors. Roy Gallie, Chair of the IFA Pigs Committee, comments that “Major secondary processors have committed to supporting pig farmers and understand the very serious situation that farmers are in.…

Rural residents and those with children bearing the brunt of high fuel prices

AA Ireland says fuel prices are rising again with diesel now close to EUR 2 per litre. Motorists are spending EUR 2,000 per year to keep their cars going. And the cost of running the average car is up by EUR 700 per year since 2020. However, the Government excise duty cut of 20c per litre on petrol and 15c on diesel will endure until August. An iReach survey conducted…

LSL Select Price Report – Sheep Mart 11/05/2022

Wednesday’s selected Sheep Mart Price Report: Copyright LSL Auctions. LB 30-40KG Avg Price/KgLB 3.41/kgHighest Price/Kg Lots:LB, 38kg 3.92/kg 149.00LB, 38kg 3.74/kg 142.00LB, 39kg 3.67/kg 143.00LB, 38kg 3.66/kg 139.00LB, 36kg 2.06/kg 74.00 LB 40-50KG Avg Price/KgLB 3.63/kgHighest Price/Kg Lots:LB, 42kg 3.88/kg 163.00LB, 42kg 3.88/kg 163.00LB, 43kg 3.84/kg 165.00LB, 42kg 3.83/kg 161.00LB, 42kg 3.81/kg 160.00LB, 42kg 3.81/kg 160.00 LB 50-60KG Avg Price/KgLB 3.19/kgHighest Price/Kg Lots:LB, 50kg 3.4/kg 170.00LB, 50kg 3.34/kg 167.00LB, 51kg…

LSL Select Price Report – Cattle Mart 06/12/2022

LSL Select Price Report – Cattle Mart 11/05/2022

Wednesday’s selected Cattle Mart Price Report: Copyright LSL Auctions. DRYCOW-F 400-500KG Highest Price/Kg Lots:AA, 480kg 2.56/kg 1230.00HEX, 445kg 1.98/kg 880.00 DRYCOW-F 500-600KG Avg Price/KgSIX 2.04/kgHighest Price/Kg Lots:LMX, 595kg 2.62/kg 1560.00LM, 595kg 2.18/kg 1300.00SIX, 590kg 2.15/kg 1270.00SIX, 540kg 2.07/kg 1120.00CHX, 540kg 1.93/kg 1040.00SIX, 570kg 1.89/kg 1080.00 DRYCOW-F 600-700KG Avg Price/KgHEX 2.07/kgLMX 2.17/kgSIX 2.47/kgHighest Price/Kg Lots:SIX, 675kg 2.95/kg 1990.00LMX, 610kg 2.54/kg 1550.00CHX, 645kg 2.47/kg 1590.00AU, 675kg 2.37/kg 1600.00SIX, 655kg 2.24/kg 1470.00SIX, 600kg…

Online Auctions – Thursday’s Calendar 12/05/2022

Thursday’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.

IFA highlight the need for better prices for pig meat

The IFA protested at four locations across the country yesterday, highlighting the need for food processor price increases. Pig farmers find themselves at breaking point and are losing €55 per pig sold, and Roy Gallie, the IFA Pigs Committee Chairman, shared that improved prices are desperately needed in order for the sector to survive. Locations targeted by the IFA included outside Pilgrims Food Masters in Shillelagh. Gallie commented that “We…

Cavan farmer wins farm forestry award

The winner of the 2022 Royal Dublin Society (RDS) Teagasc Farm Forestry Award is Cavan farmer Cathal Rudden. He received his award from Teagasc Director Professor Frank O’Mara and Minister of State at the Department of Agriculture, Food and the Marine, Pippa Hackett at a May ceremony. In addition, Cork farmers Willie and Avril Allshire won the Special Commendation Award. They farm 48 hectares in Stradone, Co Cavan. In 2014,…

Four LMC four competition classes at Balmoral Show this week

The Livestock and Meat Commission (LMC) is firming up preparations to return to the Balmoral Show. Balmoral Show once again boasts a jam-packed line up of events, and The Livestock and Meat Commission (LMC) will be there, providing sponsorship for four competition classes. Join them on Friday, 13 May, 2022, at 2pm at the sheep rings for the sheep interbreed pairs championship, the first of their sponsored events. This will…

Newport Livestock Mart Foyle Farm dairy herd clearance sale

The Newport Livestock Mart will hold a Foyle Farm dairy herd clearance sale of 80 pedigree Friesians on Saturday, 14 May, 2022 at 12 noon for Pat and Marie Ryan. A selection of pedigree calves will also form part of the sale. The sale will be both ringside and online via LSL Auctions. Having sold their autumn calving cows last autumn they are now selling the entire spring calvers, heifer…

Open-ended scheme approved for construction sector

The Irish cabinet has approved plans for an open-ended scheme that will pay up to 70% of builders’ construction costs. These must be related to inflation and made in line with Central Statistics Office figures. However, builders can backdate qualifying claims to 1 January, 2022. The scheme is likely to cost millions of euros each month. Furthermore, the estimated bill for the first trimester could total EUR 30-40 m. Minister…

Conference on a Referendum on Housing in Ireland

The Housing Commission is hosting a two-day conference this week, titled Conference on a Referendum on Housing in Ireland. It takes place at the UCD School of Law on 10 and 11 May, 2022. The gathering features a range of Irish and international experts who are sharing their views on housing experiences both nationally and internationally. The commission has undertaken to examine issues that have long-term impacts on communities. These…

Key provisions for the Inflation Co-operation Framework

The Minister for Public Expenditure and Reform, Michael McGrath TD, yesterday announced details of further measures to address the impact that exceptional inflation in construction materials and energy is having on public works contracts. In the interest of safeguarding public projects that are already under construction and to mitigate the risks of significant losses being sustained by contractors, he is introducing an Inflation Co-operation Framework for those parties engaged under…

Seminar to address farmer wellbeing

A Teagasc seminar on farmer wellbeing and mental health will be held on 16 May, 2022. The main speaker is Dr David Christian Rose, Reading University, a leading UK expert on the subject. In addition, Dr David Meredith, Teagasc Rural Economy Development Programme, will chair an open discussion to look at ways to improve the sustainability of farmers. “Farmers face a unique set of acute and chronic stressors including…

Online Auctions – Wednesday’s Calendar 11/05/2022

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 – Sheep Mart 05/12/2022

LSL Select Price Report – Cattle Mart 10/05/2022

Tuesday’s selected Cattle Mart Price Report: Copyright LSL Auctions. M BULLOCK 300-400KG Avg Price/KgAAX 2.44/kgCHX 2.76/kgCHX,LMX 2.76/kgFR 2.08/kgHEX 2.52/kgLMX 2.71/kgHighest Price/Kg Lots:CHX,LMX, 370kg 2.86/kg 1060.00AAX, 315kg 2.79/kg 880.00LMX,AAX, 349kg 2.75/kg 960.00HEX, 311kg 2.70/kg 840.00CHX,LMX, 343kg 2.65/kg 910.00AAX, 335kg 2.63/kg 880.00 M BULLOCK 400-500KG Avg Price/KgAAX 2.75/kgHEX 2.40/kgLMX 2.70/kgHighest Price/Kg Lots:AAX, 483kg 3.06/kg 1480.00LMX, 410kg 2.90/kg 1190.00AAX, 495kg 2.87/kg 1420.00LMX, 435kg 2.78/kg 1210.00CHX, 420kg 2.76/kg 1160.00LMX, 455kg 2.70/kg 1230.00 M BULLOCK…

LSL Select Price Report – Sheep Mart – 21/02/2023

LSL Select Price Report – Sheep Mart 10/05/2022

Tuesday’s selected Sheep Mart Price Report: Copyright LSL Auctions. LB 20-30KG Avg Price/Kg2.64/kgHighest Price/Kg Lots:, 29kg 3.31/kg 95.00, 25kg 1.97/kg 50.00 LB 30-40KG Avg Price/Kg3.16/kgHighest Price/Kg Lots:, 37kg 3.98/kg 148.00, 38kg 3.89/kg 149.00, 31kg 3.69/kg 115.00, 40kg 3.41/kg 135.00, 31kg 3.35/kg 104.00, 38kg 3.32/kg 128.00 LB 40-50KG Avg Price/Kg3.57/kgHighest Price/Kg Lots:, 41kg 3.96/kg 163.00, 40kg 3.9/kg 156.00, 40kg 3.88/kg 155.00, 42kg 3.86/kg 163.00, 44kg 3.84/kg 169.00, 42kg 3.83/kg 160.00 LB…

Possible benefits for women working on farms

Tánaiste party leader Leo Varadkar is willing to examine the possibility of paid maternity and pension benefits for women working on farms. However, speaking at a Fine Gael conference on Agriculture and Rural Development in Tullamore, Co Offaly, he said it might be tricky due to issues around Pay Related Social Insurance (PRSI). Responding to a question on the matter from MEP Maria Walsh and the Women in Agriculture Stakeholder…

Learn more about organic farming on hosted walks

Organic farm walks organised by Teagasc and funded by the Department of Agriculture, Food and the Marine are gaining traction among those interested in converting to organic farming. Attendees can also learn about direct sales opportunities. The walks form part of an ongoing series that promotes successful organic operators across a variety of enterprises. These include beef, cereal, horticulture, sheep, and poultry sectors. Attendance at all three of the 12…

Machinery exhibits and much more at Balmoral Show

The 153rd Balmoral Show will take place in partnership with Ulster Bank from 11 to 14, May 2022, at Balmoral Park, Lisburn. Visitors can expect the usual showcase of machinery exhibits, local food, shopping outlets and family entertainment, along with some new additions. Agricultural and livestock displays will take centre stage across the four-day show with cattle parades, show jumping events and the Sheep Shearing 6 Nations tournament all included…

Quinn Property – Main Street, Carnew, Co Wicklow – 10/05

Quinn Property brings to auction a commercial property at Main Street, Carnew, Co Wicklow on 10 May, 2022, at 12 noon via LSL Auctions. A valuable C. 0.9 acre residential development site. Location:The site enjoys an excellent location within the town centre of Carnew, convenient to an array of amenities such as primary & secondary schools, shops, restaurants, churches, bars and sporting facilities with Coolattin Golf Club just 3km away.…

Agri-food watchdog to hone in on unfair trading practices

Agriculture Minister Charlie McConalogue will soon start recruiting for a CEO to head up the new food ombudsman office, which will have powers to investigate unfair trading practices. The Office for Fairness and Transparency in the Agri-Food Supply Chain will report on prices in the supply chain and follow-up on any wrongdoings. Legislation will be needed to create the watchdog, possibly new laws will be passed by the Oireachtas. The…

Fine Gael’s vision for rural Ireland and the agricultural sector

Fine Gael has a bold ambition for rural Ireland – this includes transforming vacant buildings in our rural communities and putting farmers at the forefront of clean, green energy production, Speaking at the recent Fine Gael Special Conference on Agriculture and Rural Development, Minister Martin Heydon identified micro-generation as an area with huge untapped potential for the rural economy. Heather Humphreys, Minister for Rural and Community Development, also committed to…

Online Auctions – Tuesday’s Calendar 10/05/2022

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.

Microgenerators to sell excess solar energy

From July 2022, more than 21,000 electricity customers will be able to sell excess solar energy generated from their own panels back to the national grid. The Clean Export Guarantee tariff will mostly reflect as a discount on electricity bills. Why bother? Solar energy must be used when it is generated. Alternatively, it can be stored in batteries for later use that same day or night. However, storage units are often…

Sharp cost of living changes could be imminent

The cost of living in Ireland could increase if the European Central Bank (ECB) takes steps to eliminate high inflation. In that instance, headline EU interest rates could rise to 6% and Irish mortgage rates to 8% minimum. Headline inflation encompasses food and energy. That’s if the bank applies the same approach as the former US Federal Reserve chairman Paul Volker did in the late 70s. His decision to wreck…