Market Reports (August 2016)

Friday 26th August 2016

Cattle

The cattle trade has stood on in the last week with processors north of the border all maintaining their position, stating that there are plenty of cattle available. Base prices in the region of 370p/kg are available for R4L steers. Cows remain a strong trade with even the plainest cows achieving £2/kg.

If you have cull cows ready, now would definitely be an opportune time to consider marketing them as trade in a typical year normally eases as volume begins to rise in September and October. Please phone your fieldsman if you think you have something ready. Store cattle are being keenly competed for with many arable farmers choosing to walk there grain off the farm. Forward stores are especially popular, with a quick turnaround achieved on the money invested.

Sheep

Prime lambs in the last week have achieved values ranging from 385-405p/kg base, with the price of lambs coming under real pressure as the week has gone on. Lamb volumes are now where we would expect for the time of the year and in most cases lamb numbers have doubled in just over a week. We anticipate further reductions in the price for next week with large numbers of lambs coming from all areas of the country and many livestock markets really dragging the price back.

Sterling has gained ground against the Euro which has slipped from 86.5p to 85p which hasn’t helped but the main issue is the surge in numbers which is creating supply issues. With the ‘Love Lamb Week’ kicking off on the 1st September, hopefully we will see strong retail demand to absorb the increased volumes.

With many main crop lambs now weaned, please make sure when drawing lambs that they have plenty of cover as carcasses lacking flesh are not killing out as well this year possibly due to the difficult Spring. In total contrast the first hill lambs coming forward are looking in great condition and are exceeding producers expectations.

If you are looking for store lambs to eat off excess grass please get in touch as we have plenty of good batches coming ready. Some strong breeding sheep are also available on farm with guaranteed health status.

Organics

Good organic cattle are achieving base prices in the region of 410p/kg base which seems a very good price. It is great to hear of a couple of new producers who are in organic conversion at the moment. The organic premium is holding on at the moment, with approximately a 10p/kg premium  available. Organic store lambs wanted. Three buyers waiting.

For Sale and Wanted

Good Hereford bull, 3 yrs old. Genuine reason for sale.
Cheviot Mules For Sale
Scotch Mules Gimmers and Ewe Lambs for sale
South Country Cheviot Ewe Lambs for sale. Well bred.
NC Cheviots Gimmers For Sale
Texel X Mule & Texel X Gimmers for sale
Store lambs, medium-long keep, Mules, Suffolk X’s, Texel X’s Lleyn’s, Shetland X’s, Welsh X’s,