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LSL News

LSL Select Price Report – Cattle Mart 09/08/2022

LSL Select Price Report – Cattle Mart 23/03/2022

Wednesday’s selected Cattle Mart Price Report: Copyright LSL Auctions. DRY COW 400-500KG Avg Price/KgFR 1.44/kgHighest Price/Kg Lots:HEX, 498kg 1.93/kg 960.00BBX, 424kg 1.77/kg 750.00AAX, 442kg 1.65/kg 730.00FR, 466kg 1.57/kg 730.00FR, 470kg 1.32/kg 620.00 DRY COW 500-600KG Avg Price/KgFR 1.01/kgHighest Price/Kg Lots:BBX, 592kg 2.74/kg 1620.00SIX, 582kg 2.32/kg 1350.00LMX, 576kg 2.08/kg 1200.00FR, 574kg 1.85/kg 1060.00FR, 550kg 1.18/kg 650.00FR, 542kg 1.01/kg 550.00 DRY COW 600-700KG Avg Price/KgFR 1.51/kgLMX 2.16/kgSIX 2.11/kgHighest Price/Kg Lots:LMX, 670kg 2.42/kg…

DAFM and Teagasc support European biodiversity research network

An amount of €1.5 million will be provided by The Department of Agriculture, Food and the Marine (DAFM) to support Irish involvement in a new European agricultural biodiversity research network. Teagasc will contribute €288,000 in support in the form of three Walsh Scholarships for the European Research Area Network (ERA-NET) funding venture. The biodiversity research network project will study approaches to improving biodiversity at a landscape level, as well as…

Tractor drivers reminded to switch off plough lamps on public roads

In a bid to increase road safety in rural areas, the Road Safety Authority (RSA) and the FCI have reminded tractor drivers that they should not attach plough lamps to a vehicle’s rear when travelling on public roads. Operators fit ploughing lamps to agricultural tractors and self-propelled machinery. These emit a white light to the vehicle’s rear to give extra visibility while working on-farm. Both bodies advise that only red…

Significant increase in feed imports in January

Feed import figures for January this year are now available. Central Statistics Office data shows that imports of some grains are up significantly on the same month last year. Imports of maize in January 2022 are estimated at 206,288t, compared to approximately 107,893t in the same month of 2021. Looking back, the numbers indicate that 576,752t of maize were imported from September to December 2020, compared with 455,876t from September…

National Ploughing Championships 2022

Some good news is that the National Ploughing Championships (NPA) are back after a two-year break. The event will take place from 20 to 22 September, 2022. Any exhibitors who would like to book stand spaces can take advantage of early bird offers via the online trade exhibition portal. This year the championships will feature the biggest area to date allocated to exhibitions and demonstrations. And the NPA says that,…

Severe losses facing pig farmers committee hears

There has been a moderate decrease in feed prices, but according to Teagasc costs are still very high and very volatile. This comes as the National Fodder and Feed Security Committee met yesterday to discuss the current trends facing the farming sector, with the group forecasting that feed ingredient prices are set to increase between €50 and €70/t in April and by €25/t in May. But this was the least…

Steady week expected for hogget prices

Base prices in the sheep trade held steady for the week, ranging from €6.75/kg up to €6.90/kg. Processors were reluctant to increase prices but due to the decision it has left processors in a stronger position this week. According to various reports, only one meat processing plant increased its base price for hoggets. With some processors saying that there was no issue in tying in numbers at the start of…

Beef-finisher scheme proposed by Macra president

“Farmers are making decisions over the next number of weeks in terms of purchasing cattle that will be either finished off grass this summer and autumn, or finished from the shed next winter.” This is according to Macra na Feirme national president, John Keane, who has raised concerns regarding beef finishers. His comments have stemmed from his call to the Minister for Food, Agriculture and the Marine, Charlie McConalogue, in…

Minister announces pledge to assist tillage farmers

“We are living in unprecedented times which has put our supply chains under enormous pressure,” this is according to Minister for Agriculture, Food and the Marine, Charlie McConalogue. As the government has sought measures to assist farmers facing the current crisis, the Minister has announced yet another package worth more than €12 million to encourage Irish tillage farmers to grow more crops. McConalogue is expected to seek approval for the latest…

LSL Select Price Report – Cattle Mart 29/06/2022

LSL Select Price Report – Cattle Mart 22/03/2022

Tuesday’s selected Cattle Mart Price Report: Copyright LSL Auctions. WEAN HEIFER 300-400KG Avg Price/KgAA 2.32/kgCH 2.62/kgLM 2.25/kgHighest Price/Kg Lots:CH, 312kg 2.76/kg 860.00CH,LM, 338kg 2.49/kg 840.00AA, 360kg 2.39/kg 860.00AA, 384kg 2.29/kg 880.00AA, 381kg 2.28/kg 870.00LM, 378kg 2.01/kg 760.00 HEIFER 300-400KG Avg Price/KgCH 2.17/kgLM 2.24/kgHighest Price/Kg Lots:LM, 382kg 2.49/kg 950.00LM, 370kg 2.49/kg 920.00CH, 366kg 2.24/kg 820.00CH, 380kg 2.11/kg 800.00LM, 340kg 1.74/kg 590.00 HEIFER 400-500KG Avg Price/KgLM 2.47/kgHighest Price/Kg Lots:LM, 422kg 2.63/kg 1110.00LM,…

Positive outcomes expected from new sward scheme

Plans regarding the latest €1m multi-species sward scheme are currently underway. It aims to promote environmentally sustainable methods of farming and forms part of Budget 2022. Minister for Agriculture, Charlie McConalogue made the announcement regarding developments of this scheme last week. The pilot measure is expected to have a positive impact on climate emissions, biodiversity and water quality. It additionally seeks to reduce dependency on expensive nitrogenous fertiliser. According…

Eamonn Gaffney Auctioneers – Rathmore, Aughnacliffe, Co. Longford – 31/03

Eamonn Gaffney Auctioneers brings to auction via LSL Auctions, for sale by Online Auction, a residential farm in Rathmore, Aughnacliffe, Co. Longford on Thursday 31 March 2022, at 3pm. Location: This excellent residential farm is located in a private laneway off the L1026 between Aughnacliffe and Dromard and would be ideal for anyone wishing to extend their existing holding or as a start-up holding. There are also Basic Payment Scheme (BPS)…

Call for below-cost selling ban to safeguard the horticulture sector

IFA President Tim Cullinan has said that the Government should move quickly to restore the ban on below-cost selling of food. He made the comment when launching economist Jim Power’s report, tiled Retail Price Compression Threatens the Viability of Irish Horticulture, yesterday. “The price compression at retail level has forced growers out of business. The most recent National Field Vegetable Census, which is now out of date, showed that the…

Claas launches new wheel loader for optimal agricultural use

Claas appears to be meeting the growing demand for high-performance machines, by introducing its new Torion model range of compact loaders. With its latest offering, the new Torion series covers three different category sizes with a wide performance range. All new models are equipped with the proven Claas power system drive, which combines reliability and efficiency. It boasts a generously dimensioned cab with optimal all-round visibility and user-friendly features. …

Built Heritage Investment Scheme also seeks to add to job creation

A new project has been launched that includes the restoration of heritage projects across Ireland. The project known as the Built Heritage Investment Scheme (BHIS), will see the preservation of 512 heritage projects across 31 local authorities. Funding for the initiative is said to be €4 million which is expected to be shared between the properties and will additionally lead to job creation in the industry. Minister for Heritage and…

Africa beckons with AADP grants for Irish agri-food firms

The Africa Agri-Food Development Programme (AADP) has been supporting Irish firms to participate in business in Africa for the last 10 years. Now, grants capped at €250,000 are available to Irish agri-food companies to initiate new markets there. Companies of all sizes are eligible to apply for grant funding. The Department of Foreign Affairs (DFA) and the Department of Agriculture, Food and the Marine (DAFM) are collaborating for the venture.…

Call for EU Commission to be flexible regarding gas prices

With the unprecedented increases in global gas prices, Ireland South MEP Sean Kelly says the EU commission should show flexibility in this regard. As this has placed strain on Irish households, the MEP says that the body should include aid rules for domestic energy production, due to lower income groups feeling the most pressure. The MEP, who is a member of member of the European Parliament’s Industry, Research and Energy…

Online Auctions – Tuesday’s Calendar 22/03/2022

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 21/03/2022

Monday’s selected Sheep Mart Price Report: Copyright LSL Auctions. SHEEP 20-30KG Avg Price/KgSHEEP 2.48/kgHighest Price/Kg Lots:SHEEP, 22kg 7.35/kg 158.00SHEEP, 25kg 2.93/kg 72.00SHEEP, 29kg 2.86/kg 82.00SHEEP, 28kg 2.79/kg 79.00SHEEP, 29kg 2.73/kg 80.00SHEEP, 28kg 2.70/kg 75.00 SHEEP 30-40KG Avg Price/KgSHEEP 2.63/kgHighest Price/Kg Lots:SHEEP, 32kg 4.58/kg 148.00SHEEP, 37kg 3.51/kg 130.00SHEEP, 32kg 3.38/kg 110.00SHEEP, 34kg 3.33/kg 115.00SHEEP, 38kg 3.30/kg 125.00SHEEP, 34kg 3.19/kg 110.00 SHEEP 40-50KG Avg Price/KgSHEEP 2.68/kgHighest Price/Kg Lots:SHEEP, 45kg 3.47/kg 156.00SHEEP, 48kg…

LSL Select Price Report – Cattle Mart 21/03/2022

Monday’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,…

Residential Property Price Index January 2022

The Central Statistics Office (CSO) published the Residential Property Price Index (RPPI) for January 2022 last week. Reviewing the figures, statistician Viacheslav Voronovich comments that: “Residential property prices rose by 14.8% in the 12 months to January 2022, up from 14.3% in December 2021. In Dublin, residential property prices saw an increase of 13.3%, while property prices outside Dublin were 16% higher.” “In Dublin, house prices increased by 13.6% and…

Rabobank forecasts good upcoming results for dairy

Rabobank’s most recent Global Dairy Quarterly indicates that milk prices could hold at current high levels through the first half of this year. It predicts that production for the first quarter of 2022 in the world’s major exporting regions will fall by 0.7% compared to 2021. Rising input costs, labour shortages and unfavourable weather in some areas have limited farmers’ ability to take advantage of the current high prices by…

Small recovery of UK sheepmeat exports earlier this year

UK exports of fresh and frozen sheepmeat staged a slight recovery in January this year. The Agriculture and Horticulture Development Board (AHDB) said that figures from the HMRC show that exports of sheepmeat increased by 489 tonnes on the same period in 2021. Volumes during the month totalled just over 4,000 tonnes, which was 13% higher than year earlier levels the AHDB said. However, volumes were significantly below pre-Brexit levels in both…

Hazardous farm waste collection scheme planned

A new scheme will see hazardous farm waste collected from designated drop-off points across the country. This will include everything from empty pesticide containers, veterinary medicine waste and used oil. The venture will be overseen by the Department of Agriculture and the Department of the Environment, with discussions on the establishment of the scheme expected to commence in the first half of 2022. The Environmental Protection Agency’s (EPA) waste management…

ICMSA calls for broader focus to Food Vision Group outcomes

Concerns have been raised regarding the focus of the Food Vision Dairy Group. The group has been tasked with finding ways for the dairy sector to help achieve targets for agriculture and land use in the Climate Action Plan 2021. According to Irish Creamery Milk Suppliers’ Association’s (ICMSA) Dairy Committee Chair Noel Murphy, it is narrowly focused on dairying, which he adds is not good enough. He says that the group…

Pottinger launches latest Terrasam seed drills

Pottinger has announced its latest range of trailed Terrasam seed drills in the form of the Terrasem V 8000 D and Terrasem V 9000 D, which are high end models. They are said to work in widths of 8m and 9m and are custom-equipped to handle site-specific conditions. According to Pottinger, the disc harrow is fitted as standard as the leading tillage tool, and makes the machine ideal for mulch…

DAFM closer to establishing a food ombudsman

With various solutions under discussion addressing concerns regarding the increase of input costs in the farming sector, it appears as though the first steps in creating a food ombudsman appear to be in its infancy stage. According to the Department of Agriculture, Food and the Marine (DAFM), the office is a step closer to establishing it. Approval from Cabinet is expected on Tuesday, while Minister for Agriculture, Food and the…

Bank of Ireland adjusts its mortgage rates this week

The Bank of Ireland has announced that it is cutting some of its mortgage rates. The move comes after ICS Mortgages increased some of its key fixed rates earlier this past week, citing higher costs of wholesale funding – prompting fears that other lenders were to follow with rate rises. It is anticipated that The European Central Bank will raise its key lending rate by the end of 2022, while…