Agri-Business
"Europe’s halal meat market is on a strong growth path" due to rising Muslim populations and increased availability, according to AHDB.
Sheep
This week's sheep trade sees prices remain steady but weight limits on lambs have been reduced at one outlet.
This week's sheep trade has seen price cuts from previous weeks reversed with up to 25c/kg added to hogget prices...
Ramadan gets underway today and it's helping to keep a floor under Irish prices and quotes this week. Spring lamb quotes start at 690c/kg.
The Muslim festival of Ramadan will commence on May 15 and it's having somewhat of a steadying effect on spring lamb and hogget prices.
The Muslim festival of Ramadan, which is currently underway, appears to bringing more spring lambs forward for slaughter.
Religious festivals, such as Ramadan and EID, are a key driver of sheepmeat consumption in the Middle East, according to Bord Bia's Declan Fennell.
The spring lamb trade has taken another blow, as prices have dipped by 10c/kg this week. Base quotes are sitting at 520-530c/kg.
The Muslim festival - Ramadan is likely to give the Irish spring lamb trade a much needed boost, according to Declan Fennell.
