LSL News Archives - Page 58 of 59

LSL News

Sheep trade sees another increase in prices

There has been an increase in sheep trade this week, with base prices for hoggets increasing by 10c/kg leaving quotes ranging from €6.85/kg up to €7.05/kg. Irish Country Meats is on base of €6.85/kg plus a 10c/kg quality assurance (QA) bonus for hoggets, while Kildare Chilling has moved up to a base of €7.00/kg plus a 10c/kg QA bonus for hoggets. Producer groups are securing prices of up to €7.40/kg…

Significant increase in house prices, REA Average Price Survey finds

The average house price has increased by 3.16% nationally during the first three months of the year. This is according to the REA Average House Price Survey, which also revealed that 60% of all purchasers were first-time buyers. The survey concentrates on the actual sale price of Ireland’s typical stock home which is a three-bedroom semi. According to the report it shows that the price of a three-bedroom semi-detached house…

Microbiological Challenges for Artisan/Small Food Producers

Teagasc will host a seminar titled Microbiological Challenges for Artisan/Small Food Producers: How to Make Safer Food. This informative presentation will be held on Wednesday, 30 March, 2022 from 9am – 3:30pm at the Teagasc Food Research Centre at Moorepark. The programme will feature food scientists from the Teagasc Food Research Programme and University of Limerick who will present the latest research on microbial food safety in dairy, vegetable and…

TD questions the lack of engagement by Bord na Móna

Serious doubts have emerged regarding Bord na Móna’s (BNM) communication’s process, as all contact from local growers with the company has been unsuccessful thus far. The semi-state company has been tasked with assisting professional growers in securing supplies of peat for horticulture. Tipperary Sinn Féin TD, Martin Browne, has expressed concerns to Bord na Móna representatives at their level of engagement with members of professional growers in the horticultural industry who…

2022 Call for Proposals in Agriculture announced

A collaboration between Ireland, Northern Ireland and the U.S has been in operation for 16 years, and together they have announced the 2022 Call for Proposals in Agriculture. The partnership, under the US-Ireland Research and Development is a product of the Northern Ireland Peace Process. It involves these governments working together for scientific progress by awarding grants for research on a competitive basis. The partnership was launched in 2006 and…

Launch of the revamped Kuhn Optimer model

Kuhn’s latest 600hp tractor, the Kuhn Optimer model, is set to make waves in the agricultural sector as its 12m width is claimed to maintain a uniform working depth at high speeds. It features a steady control system, which additionally exerts equal pressure across the full width of the machine. Believed to be a range that compensates for ground contours, it performs impeccably regardless of land and soil conditions. …

Apartments take the lead in Dublin’s new housing sector

An analysis of Department of Housing statistics by Goodbody Stockbrokers has showed that most new housing units currently being built in Dublin are apartments. These are either being built as social housing or financed by cuckoo funds. As such, only a limited number of these units will be made available for purchase. Dermot O’Leary, a Goodbody economist has fingered planning blockages through the courts for overall construction levels falling back.…

Customers likely to soon face higher milk prices

As farmers absorb more and more production costs, customers are likely to face higher milk prices when buying a pint. This has been echoed by diary giant Arla. As the business sets out its plan for the next five years, company boss Ash Amirahmadi says, “We are calling time on cheap milk. If you look at what we’re paying our farmers today, we’re paying over 30% more than we were…

Buyers attracted to large rural farmland properties, report reveals

Buyers for rural properties have gone up, according to a property market report for 2021, which shows an increasing interest in large farmland properties. According to the Savills report it illustrates that 39% of buyers in the Irish market came from the UK and beyond. It adds that this trend is not unusual. There were more customers for larger properties, with 68% of successful transactions conducted by Savills concluded after…

Increase in beef consumption expected by 2030

Global beef consumption is expected to increase by 1.4% % year-on-year up to 2030. This is according to Livestock and Meat Commission (LMC) chief executive, Ian Stevenson. He was commenting after attending the first of the Andersons Centre Spring Seminar in London. The Andersons Centre event addressed the opportunities and threats confronting agri-food, both in the long and short-term. Stevenson claims that “livestock farmers throughout the UK know full well…

Macra na Feirme says a dairy retirement scheme would attract young farmers

Macra na Feirme, the young farmer organisation, has commented that a potential retirement scheme for the dairy sector could result in higher numbers of active young farmers. “For a number of years, Macra na Feirme has highlighted that a retirement scheme is needed across all the farming sectors to ensure financial security for the farmer who is stepping back – but also that the necessary supports are in place to…

Most farmland buyers used cash for their purchases, survey finds

The latest survey conducted by Real Estate Alliance (REA) has revealed that 59% of farmland buyers used their own cash reserves to buy their property, while over 34% negotiated a part-mortgage. The figures are a surprise, as it was expected that land buyers would return to bank borrowing as money from development land and road CPOs from the boom years had dried up. The survey also revealed that other sources…

European Commission launches new fund

As food security is high on the agenda of discussions by the European Commission, it has announced a €500 million fund for food producers. Reports suggest that of that Ireland will be receiving just over €15 million, and each member state can then provide further funding up to 200% of their national envelope this equates to a further €30 million for Ireland. With the latest funding announcement, the government…

Online Auctions – Saturday’s Calendar 26/03/2022

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.

Household budgets being hit hard by stepped-up inflation

Chief economist at KBC Bank Austin Hughes says that many households are likely to face a palpable drop in living standards this year. “We estimate that the step-up in inflation between 2021 and 2022 will drain around €4bn from consumer spending power, implying a hit to the average household of just over €2,000.” The results of the latest KBC Bank Consumer Sentiment Index come as the Economic and Social Research…

Reduction of emissions focus of Committee talks

The reduction of emissions in the agricultural sector is a topic of vital importance in the global setting. Due to this the Committees on Agriculture and Climate Action held a joint meeting earlier this week to discuss this topic and the results thereof. In an effort to adhere to the commitments posed, Cathaoirleach of the Joint Committee on Agriculture, Food and the Marine, Deputy, Jackie Cahill welcomed the meeting, saying…

Businesses urged to participate in new NI Soil Nutrient Scheme

Businesses in Northern Ireland have been urged to participate in the new Soil Nutrient Scheme (SNHS) as they would be able to benefit from what it could offer. This comes as Minister for Agriculture, Environmental and Rural Affairs, Edwin Poots announced the launch of the Northern Ireland Soil Nutrient Scheme. The initiative is expected to be rolled out in zonal phases over a 4-year period, with an investment of £45…

Good start to the year for manufacturer Lemken

German manufacturer Lemken has reported a 22% increase in sales for the past business year, despite facing COVID-19 restrictions. With a sales volume of €446 million, the latest figures are a new high for the 242-year-old family business. According to the company incoming orders have exceeded expectations. Lemken says production was optimally maintained throughout the year. Additionally it reports an increase of staff, with a total of 1,697 employees at…

ICOS pushes for protection of family farms

When the Irish Co-operative Organisation Society (ICOS) and Food Vision Group met earlier this week, ICOS raised the matter that there is a need for family farms to be protected, and given options to grow in a sustainable manner. Discussions at the meeting revolved around concerns facing the dairy industry. The group has been tasked with prospecting ways for the dairy sector to help achieve targets for agriculture and land…

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

LSL Select Price Report – Cattle Mart 24/03/2022

Thursday’s selected Cattle Mart Price Report: Copyright LSL Auctions. WN 300-400KG Avg Price/KgAAX 2.12/kgHighest Price/Kg Lots:CHX, 300kg 2.47/kg 740.00LMX, 325kg 2.46/kg 800.00AAX, 397kg 2.27/kg 900.00AAX, 325kg 1.97/kg 640.00FRX, 365kg 1.81/kg 660.00SH, 385kg 1.79/kg 690.00 CO 300-400KG Avg Price/KgFR 1.33/kgHighest Price/Kg Lots:FR, 385kg 1.69/kg 650.00LMX, 365kg 1.07/kg 390.00FR, 370kg 0.97/kg 360.00 CO 400-500KG Avg Price/KgFR 1.56/kgFRX 1.21/kgHighest Price/Kg Lots:FR, 470kg 2.09/kg 980.00SIX, 440kg 2.05/kg 900.00FR, 485kg 2.02/kg 980.00HEX, 485kg 1.88/kg 910.00FR,…

Online Auctions – Friday’s Calendar 25/03/2022

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.

Women farmers still face challenges in the agricultural sector

The Northern Ireland Assembly’s publication on the status of women farmers in the agricultural sector highlights existing gender disparities. The report is titled, Breaking the Grass Ceiling – Challenges Women Experience in the Local Agricultural Sector. Challenges that were isolated include gaining ownership of farms and land, caring responsibilities, a lack of support from family, underrepresentation of women role models and gender bias in the industry are the main challenges…

More data needed to assess badger culling and bovine TB link

Data on badger culling and bovine tuberculosis (TB) control in cattle remains somewhat limited, and an ongoing analysis is needed to ascertain the linkage. Animal-welfare organisation Born Free published its latest findings in the Veterinary Record scientific journal last month. The British Veterinary Association (BVA) welcomed the research, but said that not all views expressed were in keeping with its own. It said, “The study suggests that a decline in incidence…

Nature-based options suggested for managing groundwater

A report titled Groundwater: Making the Invisible Visible was published this week. It examines the critical importance of groundwater in global food security. The review states that groundwater accounts for almost 99% of all liquid freshwater on earth. As such, it is crucial for food and water security, and the fight against poverty The publication is part of the UN’s World Water Development Report (WWDR) by the Food and Agriculture Organisation…

Private storage aid scheme for pigmeat to open later this month

The European Commission has confirmed that its proposed private storage aid scheme for pigmeat will open later this month. There there will be temporary exemptions for some scheme regulations. The Commission also announced further measures to address the food crisis in the form of a €500 million support package for farmers. According to the EU Commission the introduction of a private storage scheme aims to ease pressure on markets in the EU, and…

Online Auctions – Thursday’s Calendar 24/03/2022

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.

Renewable energy use will see farmers receive an incentive

Farmers have been encouraged to install solar PV panels as this would enable them to receive 17.5c/kWh for electricity generation from renewable energy company Arden Energy. In its latest partnership with another renewable energy company, Local Power, the export price will be offered to farms and businesses that are producing electricity through installed solar PV panels. “Arden Energy’s offer of a guaranteed export price of 17.5c/kWh sends a clear…

VAT exemption should be considered for LESS equipment says ICSA

“Low-emission slurry spreading equipment (LESS) has become a huge part of our climate action strategy but the cost of putting it in place is just too great for most,” this is comes as the Irish Cattle and Sheep Farmers’ Association says that there should be a VAT exemption on LESS equipment. The VAT price for a standard 2,500-gallon spreader is upwards of €10,000 and ICSA president Dermot Kelleher says that…

IFA welcomes Office for Fairness and Transparency in Agri-Food Supply Chain

The Cabinet has approved a bill to establish a new agri-food authority which will be known as the Office for Fairness and Transparency in the Agri-Food Supply Chain. According to Minister for Agriculture, Food and the Marine, Charlie McConalogue, the objective of the office will be to promote the principles of fairness and transparency in the agricultural and food-supply chain by conducting market analysis on all sectors through publicly available…

Farmers encouraged to spread fertiliser now

Mike Magan, the chair of the National Fodder and Food Security Committee, is encouraging farmers to make sure that enough fertiliser is spread on grassland now for grazing and first-cut silage. The newly formed committee currently has representatives from over 30 farm and agri-food organisations, and Magan gave the advice at their second meeting. He said that, “there is a good weather forecast for the weeks ahead,” and that farmers…