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Home loans under pressure with interest rate hikes

Just as the latest figures show that home loans in Ireland continue to be the most expensive in Europe, mortgage holders have been warned that we are just months away from interest rate rises. The high cost of mortgages in the country remains, despite the fact that there was no change in the average rate in February. A it stands, borrowers are typically paying around €2,200 a year more than…

Afforestation figures lowest since 2007

The Central Statistics Office (CSO) has published a report confirming a drop in afforestation in recent years. The afforestation figure for 2021 amounted to just 29% of the area planted in 2007. Last year, 2,016ha of land was planted with forestry, compared to 6,947ha in 2007. Figures indicate that afforestation peaked in 2010 with 8,314ha planted, while the highest afforestation parcel size was 8.4ha in 2009. Statistician in the Environment…

Energy crisis to affect machinery industry, says FTMTA

Farm Tractor and Machinery Trade Association (FTMTA) executive director Michael Farrelly says that the price of machinery may soon increase due to the effect of the energy crisis. Sales within the machinery industry are currently performing well largely because many dealers had put in orders in advance. The timing of the effects of increasing input costs are unknown at this stage, however Farrelly says that resulting price rises are unavoidable…

Tillage and Biodiversity Photo Competition

Teagasc and Tillage Industry Ireland have launched a photo competition to highlight the contribution of the Irish tillage sector to biodiversity in our countryside. To enter, take a photo that demonstrates any of the huge range of biodiversity that can be found on a tillage farm at this time of year, and submit it here. Entrants stand a chance to win the overall prize of a €250 One4All voucher, or…

Online Auctions – Thursday’s Calendar 28/04/2022

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.

LSL Select Price Report – Cattle Mart 13/05/2022

LSL Select Price Report – Cattle Mart 27/04/2022

Wednesday’s selected Cattle Mart Price Report: Copyright LSL Auctions. FAT COW 500-600KG Avg Price/KgBAX 2.01/kgCHX 2.29/kgHighest Price/Kg Lots:CHX, 588kg 2.38/kg 1400.00CHX, 592kg 2.20/kg 1300.00BAX, 566kg 2.05/kg 1160.00BAX, 556kg 1.98/kg 1100.00FR, 578kg 1.90/kg 1100.00 FAT COW 600-700KG Avg Price/KgCHX 2.39/kgFR 1.97/kgHighest Price/Kg Lots:CHX, 682kg 2.62/kg 1790.00LMX, 640kg 2.39/kg 1530.00CHX, 638kg 2.15/kg 1370.00HEX, 684kg 2.03/kg 1390.00FR, 658kg 2.02/kg 1330.00FR, 696kg 2.01/kg 1400.00 FAT COW 700-800KG Avg Price/KgCHX 2.51/kgFR 2.01/kgHighest Price/Kg Lots:CHX, 744kg…

LSL Select Price Report – Sheep Mart – 20/02/2023

LSL Select Price Report – Sheep Mart 27/04/2022

Wednesday’s selected Sheep Mart Price Report: Copyright LSL Auctions. EWE 40-50KG Avg Price/KgEWE 1.87/kgHighest Price/Kg Lots:EWE, 40kg 2.5/kg 100.00EWE, 43kg 2.49/kg 107.00EWE, 49kg 1.80/kg 88.00EWE, 40kg 1.52/kg 61.00EWE, 47kg 1.06/kg 50.00 EWE 50-60KG Avg Price/KgEWE 1.74/kgHighest Price/Kg Lots:EWE, 58kg 3.28/kg 190.00EWE, 50kg 1.94/kg 97.00EWE, 57kg 1.75/kg 100.00EWE, 57kg 1.58/kg 90.00EWE, 59kg 1.54/kg 91.00EWE, 52kg 1.44/kg 75.00 EWE 60-70KG Avg Price/KgEWE 1.66/kgHighest Price/Kg Lots:EWE, 67kg 2.46/kg 165.00EWE, 68kg 1.97/kg 134.00EWE, 65kg…

Latest figures reveal a surge in Irish cattle exports

The total number of Irish cattle exports has increased by over 12,000 head when compared to figures from the same period in 2021. According to the latest export statistics, the number of store and adult cattle exported decreased, but the number of calves and weanlings exported has increased. However, on 29 March this year, calf export capacity suffered a setback when the Stena Horizon vessel entered dry dock for…

Increase in Organic Farming Scheme applications

There has been a 20% increase in applications for the Organic Farming Scheme (OFS), this is according to the Department of Agriculture, Food and the Marine (DAFM). The Minister of State at the department, Senator Pippa Hackett says there were 380 new applicants when the scheme closed on Friday, 22 April, 2022, which is an increase of almost a fifth on 2021 numbers. The DAFM says that close to 700 farmers…

Eamonn Gaffney – Marahill, Ballinagh, Co. Cavan – 28/04

Eamonn Gaffney Auctioneers bring to auction via LSL Auctions a 37 Acre Residential Farm with Entitlements For the Reps. of The Late Henry Martin at Marahill, Ballinagh, Co. Cavan. The auction will be held on 28 Thursday, 2022 at 15:00.This is an excellent residential farm located in a private laneway off the main Crossdoney to Killeshandra Road and would be ideal for anyone wishing to extend their existing holding or…

Central Bank lending limits credit unions mortgages

Central Bank cautions against calls for extra lending capacity for mortgages

Lending limits are “not the barrier” to more credit unions offering mortgages says the regulator of credit unions at the Central Bank, who has cautioned the sector against calls for further capacity. This was heard at the recent Irish League of Credit Unions’ (ILCU) 2022 annual conference in Belfast where Patrick Casey, the registrar of credit unions at the Central Bank, made the comments. This past March it commented that lending…

Call for government to support potato growers

The Irish Farmers’ Association (IFA) says that Government should provide significant financial support to potato growers, as this would assist in their survival due to increasing input costs. According to the IFA, fewer potatoes will be planted in 2022 as farm input costs continue to rise without growers having the guarantee that they will not be left carrying the full burden of these costs. The association adds that retailers…

No Irish applications for EU pigmeat storage aid

The Department of Agriculture, Food and the Marine (DAFM) has confirmed that no Irish-based companies have applied for the EU private storage scheme for pigmeat. The European Commission announced the measure last month in a bid to ease pressure on pigmeat markets. The scheme, which opened on 25 March, allows operators to apply for aid to cover part of the storage costs of pigmeat. There is a stipulation that the…

Online Auctions – Wednesday’s Calendar 27/04/2022

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 06/12/2022

LSL Select Price Report – Cattle Mart 26/04/2022

Tuesday’s selected Cattle Mart Price Report: Copyright LSL Auctions. CW 500-600KG Avg Price/KgCHX 2.02/kgLMX 2.31/kgSH 2.29/kgSIX 1.84/kgHighest Price/Kg Lots:LMX,SH, 560kg 2.71/kg 1520.00AA, 530kg 2.45/kg 1300.00AAX, 530kg 2.23/kg 1180.00CHX, 555kg 2.13/kg 1180.00BBX, 510kg 2.02/kg 1030.00CHX,LMX, 565kg 1.91/kg 1080.00 CW 600-700KG Avg Price/KgCHX 2.02/kgHighest Price/Kg Lots:SI, 625kg 2.4/kg 1500.00CHX, 600kg 2.32/kg 1390.00LMX, 635kg 2/kg 1270.00CHX,SHX, 605kg 1.72/kg 1040.00FR, 695kg 1.54/kg 1070.00 CW 800-900KG Avg Price/KgLMX 2.16/kgHighest Price/Kg Lots:LMX, 865kg 2.36/kg 2040.00SIX, 880kg…

LSL Select Price Report – Sheep Mart 25/05/2022

LSL Select Price Report – Sheep Mart 26/04/2022

Tuesday’s selected Sheep Mart Price Report: Copyright LSL Auctions. HOGG 30-40KG Avg Price/KgHOGG 1.33/kgHighest Price/Kg Lots:HOGG, 40kg 2.5/kg 99.00HOGG, 32kg 0.16/kg 5.00 HOGG 40-50KG Avg Price/KgHOGG 1.94/kgHighest Price/Kg Lots:HOGG, 44kg 2.71/kg 120.00HOGG, 49kg 2.64/kg 130.00HOGG, 41kg 2.29/kg 94.00HOGG, 43kg 0.12/kg 5.00 LAMB 30-40KG Avg Price/KgLAMB 2.29/kgHighest Price/Kg Lots:LAMB, 34kg 2.5/kg 85.00LAMB, 36kg 2.47/kg 90.00LAMB, 35kg 2.41/kg 84.00LAMB, 36kg 2.25/kg 81.00LAMB, 31kg 2.24/kg 70.00LAMB, 39kg 2.11/kg 83.00 LAMB 40-50KG Avg Price/KgLAMB…

CEMA trend report reflects uncertainty in the market

The CEMA (European Agricultural Machinery Association) has released its latest market trend report, which indicates that due to price increases of components and raw material the machinery manufacturing industry is facing major challenges. According to the body, more than half of the companies surveyed are planning to temporarily stop production due to a shortage of certain parts in the coming four weeks. CEMA conducts surveys within the European industry…

Bird flu confinement to be lifted this week, says DAFM

The legal requirement to confine and house poultry and other birds as a precautionary measure against avian influenza (bird flu) will be lifted on Friday 29 April, according to the Department of Agriculture, Food and the Marine (DAFM). On 22 November the legislation regarding the confinement of birds was introduced to mitigate the risk of bird flu in poultry. According to the department the decision to withdraw the requirement…

Over 1.6 million calf registrations recorded

The Irish Cattle Breeding Federation (ICBF) says that calf registrations have reached 1,601,637 head for the year to date. The data compiled from information gathered from the week ending 22 April, shows that 67,793 calves were registered on farms in the seven previous days. This is a 19,627 head decline compared to the same week in 2021. According to ICBF, overall calf registrations are behind those from 2021 by a total…

Detail your love of nature in the Our Lives Outdoors Survey

The newest Central Statistics Office (CSO) Pulse Survey, titled Our Lives Outdoors, has launched. It hopes to explore the relationships people have with the green and blue spaces in Ireland and how we use them. This CSO Pulse Survey is open to everyone aged 18 years and over living in Ireland. CSO Pulse Surveys aim to take the ‘pulse’ of the nation about a particular topic at a particular point in time.…

Irish Pig Health Society 2022 IPHS Symposium

Experts and pig producers to speak at the 2022 IPHS Symposium

The Irish Pig Health Society IPHS 2022 Symposium and trade show will be hosted at the Midlands Park Hotel in Portlaoise today, Tuesday, 26 April 2022. Speakers will advise on practical solutions to health, welfare, and productivity challenges in the pig farming sector. The trade show will take place at noon, and the pig symposium talks will run from 14:00to 16:30 (with a break for lunch), with dinner to follow at…

Proposed turf ban allows gifting or sharing between families and neighbours

Green Party leader and Minister for the Environment Eamon Ryan has indicated there will be an allowance within the draft regulations for people to continue to burn turf in rural areas where there is not a risk of pollution. The proposed ban on the commercial sale of turf will also exempt gifting or sharing between families or neighbours. This will apply in areas with a population of under 500 people.…

Future of forests submission deadline announced

The Department of Agriculture, Food and the Marine (DAFM) has announced the closing date for submissions on the future of forests in Ireland, is set for 27 April, 2022. The DAFM has taken to Twitter to issue a reminder of the approaching deadline saying, “have your say on our public consultation survey on the future of forests in Ireland to help shape a new shared vision and develop a new…

Crisis is bigger than Brexit for cattle, sheep, and suckler farms

Rocketing farm costs are now a bigger threat than Brexit, the Irish Cattle & Sheep Farmer’s Association (ICSA) has said. Speaking after a National Fodder and Food Security committee meeting ICSA beef chairman Edmund Graham made it clear that in his view, the cattle and sheep sectors are most at risk. He added said the bleak future facing drystock farmers is not being taken seriously by both Minister McConalogue and…

Online Auctions – Tuesday’s Calendar 26/04/2022

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 – Sheep Mart 17/12/2022

LSL Select Price Report – Sheep Mart 25/04/2022

Monday’s selected Sheep Mart Price Report: Copyright LSL Auctions. LB 30-40KG Avg Price/KgLB 2.89/kgHighest Price/Kg Lots:LB, 35kg 3.54/kg 124.00LB, 39kg 3.49/kg 136.00LB, 33kg 2.55/kg 84.00LB, 35kg 2/kg 70.00 LB 40-50KG Avg Price/KgLB 3.65/kgHighest Price/Kg Lots:LB, 43kg 3.81/kg 164.00LB, 43kg 3.81/kg 164.00LB, 43kg 3.81/kg 164.00LB, 43kg 3.79/kg 163.00LB, 42kg 3.79/kg 159.00LB, 44kg 3.77/kg 166.00 LB 50-60KG Avg Price/KgLB 3.06/kgHighest Price/Kg Lots:LB, 50kg 3.28/kg 164.00LB, 53kg 3.19/kg 169.00LB, 50kg 3.18/kg 159.00LB, 51kg…

LSL Select Price Report – Cattle Mart 26/01/2023

LSL Select Price Report – Cattle Mart 25/04/2022

Monday’s selected Cattle Mart Price Report: Copyright LSL Auctions. SC 400-500KG Avg Price/KgLMX 2.30/kgHighest Price/Kg Lots:LMX, 495kg 2.63/kg 1300.00LMX, 455kg 1.98/kg 900.00FRX, 415kg 1.69/kg 700.00JEX, 405kg 1.33/kg 540.00 SC 500-600KG Avg Price/KgCHX 2.20/kgLMX 2.22/kgHighest Price/Kg Lots:BBX, 580kg 2.86/kg 1660.00LM, 550kg 2.58/kg 1420.00LMX, 500kg 2.56/kg 1280.00CHX, 550kg 2.55/kg 1400.00LMX, 570kg 2.25/kg 1280.00LMX, 575kg 2.19/kg 1260.00 SC 600-700KG Avg Price/KgAAX 1.95/kgBBX 2.43/kgCHX 2.28/kgLMX 2.40/kgSIX 2.02/kgHighest Price/Kg Lots:LMX, 648kg 3.24/kg 2100.00LMX, 685kg 2.86/kg…

LAMMA 2022 speaker zones hone in on red diesel

New platforms at LAMMA 2022 will be two speaker zones where visitors can drop in for updates on the latest industry developments and issues, plus have the opportunity to question industry experts. One of the biggest draws in the programme is expected to be a daily session led by NAAC and HMRC on the changes to rebated fuel. Entitlement for rebated diesel, or red diesel, is being withdrawn from various industries as the…

Agri-food SMEs need more support, according to report

A report conducted by EIT Food North West has recommended the establishment of an inclusive regional network for small and medium-sized enterprises (SMEs) in the agri-food sector. The report was based on the insights from 100 agri-food SMEs. EIT Food is supported by the European Institute of Innovation and Technology, a body of the EU which has been tasked with driving innovation and entrepreneurship across Europe. The report additionally…

DAFM announces €32 million funding for coastal projects

The Department of Agriculture, Food and the Marine (DAFM) has announced €32.7 million in funding for 110 coastal projects in Ireland. The scheme arose from a recommendation of the Seafood Taskforce which was set up in March 2021. It was set-up to look at the impacts of Brexit on the fishing sector and coastal communities. Minister for Agriculture, Food and the Marine Charlie McConalogue says that the department is administering…