LSL News Archives - Page 57 of 59

LSL News

A personal insolvency arrangement can offset a forced land sale

The use of a personal insolvency arrangement (PIA) has been suggested for farmers forced to sell their land due to debt. Shane O’Loughlin, the farm business chair from the Irish Creamery Milk Suppliers Association (ICMSA), has highlighted that the court-approved PIA mechanism has thus far been successful in preventing fire sales of farmland by vulture funds. O’Loughlin explains that the package is usually facilitated by a personal insolvency practitioner, who…

Changes to 2023 direct payment schemes

The next Common Agricultural Policy (CAP), which comes into effect on 1 January, 2023, will see changes to direct payment schemes. All entitlement values will change next year, and payment rates associated with all schemes will also be amended due to the direct payment ceiling’s division mechanism. The Department of Agriculture, Food and the Marine (DAFM) has confirmed five schemes. 2023 direct payments: – BISS/Basic Income Support for Sustainability will replace…

GVM Limerick – Derryleigh, Newport, Co. Tipperary – 11/05

GVM Auctioneers Limerick brings to auction via LSL Auctions a property in Derryleigh, Newport, Co. Tipperary on Wednesday, 11 May 2022 at 3 pm. The auction takes place in the GVM Limerick City Auction Rooms at 25/26 Glentworth Street, Limerick City (unless previously sold).A truly outstanding Circa 36 st acre roadside holding laid out in three main divisions and well fenced located on the outskirts of Newport Town. This land…

Irish Road Haulage Association calls for price pressure relief for hauliers

When addressing the Oireachtas Transport Committee, President of the Irish Road Haulage Association Eugene Drennan said that co-ops and PLCs with “fat balance sheets” need to address the impact soaring fuel prices are having on hauliers. He made the recent comment as, in his view, the haulage sector is now at a crisis point. To highlight this, he said that there had already had been a recent stoppage at a…

Dairy farmers may be forced to reduce output warns UFU

The Ulster Farmers’ Union (UFU) has expressed concerns that dairy farmers’ expenses could be putting Northern Ireland’s milk supply at serious risk. Mervyn Gordon, UFU dairy chairman, has emphasized that additional costs farmers are currently carrying must be alleviated by both retailers and processors – so that farmers can “receive a fair return from the booming dairy market”. He warned that if the price of milk and dairy products in…

Locations of Basic Payment Scheme clinics in April

This month, the Department of Agriculture, Food and the Marine will host in-person Basic Payment Scheme clinics (BPS) in 20 different locations. The sessions will allow farmers to meet one-to-one with a department official, and make their BPS application on the spot. The DAFM clinics have been well-attended in previous years, but due to restrictions, were held up over the last two years, Charlie McConalogue, Minister for Agriculture, Food…

Vulnerability of sheep sector a concern

The vulnerability of Northern Ireland’s (NI) sheep sector has become a concern to the UK’s National Sheep Association (NSA). This comes as NSA has expressed disappointment at the lack of support thereof. According to the organisation, it is dismayed by the disregard shown in a recent announcement by Department of Agriculture, Environment and Rural Affairs Minister, Edwin Poots. The lack of proposals to incentivise productivity in breeding ewes being…

Sufficient fertiliser and feed supply, says Minister

Minister for Agriculture, Food and the Marine, Charlie McConalogue has assured the agri-food sector that there are sufficient supplies of feed and fertiliser in Ireland for the next number of months. The Minister’s response came after a parliamentary question (PQ) was posed by T.D. Colm Burke. The PQ was about the engagement on import substitution for certain agricultural produce. Minister McConalogue says he is meeting with key stakeholders in…

IFA calls for a 30c/kg pig price increase

The Irish Farmers’ Association (IFA) is calling on processors to institute a 30c/kg price increase for pig farmers. IFA pigs committee chair, Roy Gallie says that cashflows are unsustainable and that this is an urgent situation. Farmers in the sector have been haemorrhaging money since September 2021 and losses have risen to €40 per pig sold, he adds. It’s understood that the increase would restore the Irish pig market to European…

Online Auctions – Saturday’s Calendar 02/04/2022

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 15/04/2022

LSL Select Price Report – Sheep Mart 01/04/2022

Friday’s selected Sheep Mart Price Report: Copyright LSL Auctions. LB 30-40KG Avg Price/Kg3.11/kgHighest Price/Kg Lots:, 38kg 3.24/kg 124.00, 36kg 3.22/kg 116.00, 37kg 3.08/kg 114.00, 37kg 3.05/kg 114.00, 37kg 2.98/kg 109.00 LB 40-50KG Avg Price/Kg2.97/kgHighest Price/Kg Lots:, 45kg 3.66/kg 166.00, 45kg 3.66/kg 166.00, 48kg 3.54/kg 170.00, 48kg 3.27/kg 158.00, 49kg 3.27/kg 160.00, 47kg 3.23/kg 152.00 LB 50-60KG Avg Price/Kg2.27/kgHighest Price/Kg Lots:, 50kg 3.3/kg 165.00, 51kg 3.17/kg 161.00, 53kg 3.09/kg 164.00, 55kg…

Zetor announces further details on updated Proxima model

Tractor manufacturer Zetor has announced that its 97hp and 125hp Proxima models have undergone significant updates. The company claims that it has built over 36,000 units since the range’s launch in 2004. For the manufacturer’s 18th birthday, the Proxima will receive several functional improvements that will make it even more attractive. The most fundamental change is the transition to a Stage V Deutz four-cylinder engine. The turbo-charged 3.6l common rail…

MEPs call on European Commission to assist in organic farming sector

The European Commission should support and encourage member states to establish their own national or regional strategies for organic farming. This is according to MEPs on the EU’s Committee on Agriculture and Rural Development. Members of the committee voted in favour of a report on the EU Action Plan for organic agriculture earlier this week. The report underlines that the share of agricultural land under this sector varies significantly among…

Possible cooling effect on house price inflation, says Sherry FitzGerald

Sherry FitzGerald, Ireland’s biggest estate agency, anticipates that “moderating forces” will take effect mid 2022, as house price inflation tapers. This is as increased supply and a probable interest rate hike “cool the market.” In the view of Eoin Lynch, the company’s chief economist, it is likely that the European Central Bank will start to hike interest rates later this year, which will increase borrowing costs, dampening demand in the process. Also,…

Minister condemns recent illegal fires

Minister for Heritage and Electoral Reform, Malcolm Noonan has condemned recent illegal fires by saying that those who deliberately cause these occurrences “are a scourge to society and their activities cost all of us”. He has since announced that there will be increased patrols and aerial surveillance in national parks and reserves. This follows an illegal 300ha fire in Wicklow Mountains National Park. Noonan visited the site earlier this week and stated…

Ireland urged to secure funds from EU REPowerEU initiative

Ireland’s government has been urged to secure support from the European Commission’s new REPowerEU initiative. According to Local Power managing director, Pat Smith, it will ensure that a viable biomethane and biofertiliser sector be established. He adds that the “current energy crisis is a wake-up call for large energy-importing member states such as Ireland.” Earlier this month, the EU announced the planned production of biomethane by 2030. The commission published…

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

LSL Select Price Report – Sheep Mart 31/03/2022

Thursday’s selected Sheep Mart Price Report: Copyright LSL Auctions. LB 20-30KG Avg Price/Kg3.22/kgHighest Price/Kg Lots:, 24kg 3.33/kg 80.00, 28kg 3.11/kg 87.00 LB 30-40KG Avg Price/Kg3.04/kgHighest Price/Kg Lots:, 37kg 3.35/kg 123.00, 37kg 3.30/kg 122.00, 35kg 3.21/kg 113.00, 35kg 3.09/kg 108.00, 37kg 3.05/kg 113.00, 31kg 3.05/kg 94.00 LB 40-50KG Avg Price/Kg3.10/kgHighest Price/Kg Lots:, 44kg 3.35/kg 147.00, 48kg 3.34/kg 161.00, 44kg 3.33/kg 147.00, 49kg 3.31/kg 162.00, 48kg 3.31/kg 157.00, 49kg 3.28/kg 162.00 LB…

Online Auctions – Friday’s Calendar 01/04/2022

Friday’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.

No change to house price limits for local authority mortgages

Different house pricing surveys released this week indicate that house prices in Ireland are still escalating. Daft.ie showed that 8.4% was the average increase in the first three months of 2022. Central Statistics Office figures also indicate that property prices shot up again in January 2022, as the pressure on potential buyers shows no signs of abating. They were up by 14.8% in the year nationally. Despite the upsurge in…

Fixed Milk Price Support scheme welcomed by ICMSA

The Irish Creamery Milk Suppliers Association (ICMSA) has welcomed Glanbia’s announcement of a Fixed Milk Price Support (FMPS) scheme. This aims to assist suppliers who entered large supplies of milk into fixed price schemes at a rate of payment considerably lower than recent monthly base prices. ICMSA president, Pat McCormack says “there is growing and unprecedented pressure on dairy farmers who locked into these contracts in the last number…

Call for support for sheep farmers from crisis fund

Concerns have been raised regarding the input costs incurred by sheep farmers. According to Irish Farmers’ Association sheep chair, Kevin Comiskey hogget and cull ewe prices have risen again this week due to strong market demand as the “start of Ramadaan and Easter is approaching”. Sheep supplies have been described as tight and Comiskey says that factories have had to move prices on. “The increased prices are not off-setting…

Minister to assess pig farming requests from IFA

The Irish Farmers’ Association (IFA) has confirmed that they have met with Minister for Agriculture, Food and the Marine Charlie McConalogue, following protests by pig farming members in Dublin City earlier this week. The IFA has submitted a request for a €100 million package in conjunction with Meat Industry Ireland (MII) and the Irish Grain and Feed Association (IGFA). The plan proposes a “50-50 private-public partnership” to be funded through…

Avian influenza found in wild birds

There have been reports of numbers of wild birds contracting avian influenza. The Department of Agriculture, Food and the Marine (DAFM) has confirmed that since 3 November 2021, 80 wild birds in Ireland have tested positive for the pathogenic avian influenza (HPAI) H5N1. The DAFM noted that the environment may also be contaminated by wild bird droppings. According to a department spokesperson, this indicates that infection pressure from bird flu…

10 Tips to ensure bull fertility in breeding season

As calving season on many farms is nearing an end, breeding season is almost here. According to Teagasc, calving season 2023 will depend on when you start breeding season in the coming weeks, and with four out of every five calves born on beef farms sired by a stock bull, a stock bull’s fertility is very important. Beef Specialist Catherine Egan explains that the stock bull on your farm is…

Comment on the river basin management plan

The deadline for submissions regarding views on the draft river basin management plan is this Thursday, 31 March, 2022. The scheme, which will run from 2022 to 2027, is intended to help improve the country’s water environment. Sustainable management of Ireland’s natural waters and the protection of freshwater resources to maintain the country’s water environment are key elements. The draft river basin management plan suggests that a 50% cut in…

Forestry Knowledge Transfer Group Scheme 2022 initiated

The Forestry Knowledge Transfer Group Scheme (KTG) for 2022 has opened, allowing participants the opportunity to learn from the experts and from each other’s experiences within a group setting. Minister of State for Biodiversity and Land Use, senator, Pippa Hackett says that she is delighted to reopen the Forestry KTG scheme for a fourth year. The aim of the scheme is to increase the level of forest management activity among…

Fewer contractors tendering for public housing contracts

Chairman of the County and City Management Association’s committee on housing and land-use, Frank Curran, yesterday said that ceilings imposed by the Department of Housing in 2021 on how much councils could spend on housing construction need to be reviewed. This comes as an Oireachtas committee were told that new social housing projects risk being jeopardised unless authorities are allowed to pay developers more. Addressing the Oireachtas housing committee Mr Curran said…

Veterinary Practice Survey reveals skills shortage

The annual Veterinary Practice Survey has revealed that there is a recruitment crisis facing the sector, due to a growth in demand for services from vets. The survey conducted by advisory firm HLB Sheehan Quinn, shows that this is mainly due to an increase in pet ownership during the Covid-19 pandemic. The findings additionally indicate that the sector is facing “an acute talent shortage”. Statistics released, indicate that 27%…

50% increase in the cost of building a farm shed due to inflation

Inflation in the price of steel and timber has led to the cost of building an average farm shed rising by 50% since 2020. The price of steel has risen by 70% compared to two years ago, while timber has doubled with a full 100% increase reported. This has resulted to farm leaders exerting pressure on Agriculture Minister Charlie McConalogue to implement revised costings under the Targeted Agriculture Modernisation Schemes (TAMS). Farmers are…

Support package for NI agricultural shows

Minister for Agriculture, Environment and Rural Affairs, Edwin Poots has announced a £200,000 support package for agricultural shows in Northern Ireland (NI). This comes as the events are expected to commence within the coming months. With the announcement of the scheme, each show will be able to claim up to a maximum of £10,000 for new, or increased costs. According to Minister Poots many businesses and sectors were adversely affected…