Market Reports

Market Report 06-09-2013

Beef

The supply situation for beef is now at a very low ebb, and with most factories not wishing to increase the base price, thinking this will not make supplies more plentiful. However it is quite apparent that they are now all having to do deals to secure supplies, 410p kg is about the mark for a reasonable bunch of cattle. Aberdeen Angus cattle continue to secure a healthy premium of around 40p/kg and we can sell as many as we can get, very easily. Cows are now coming forward in larger numbers and are also showing an increase in value.

Lamb

Live market lambs took a sharp drop at the start of the week, with some down as low as 165p/kg. This gives a deadweight price of 355p kg, luckily for us our main companies have done well to hold the base price at 380p kg. Store lambs and feeding ewes are keenly sought after, with many farmers having a surplus of grass due to the warm conditions. The main cause for concern for us this year is lack of slaughtering capacity as the biggest single species factory in the northern hemisphere has closed down, with the remaining processors struggling to absorb the numbers coming forward at this time.

Organic

Good news on the Organic beef front prices have gone up a further 5p to 535p/kg. The even better news is that Organic cows are now trading at 320p/kg for R4L grades. Organic lamb continues to be a challenge to us as demand has taken a dive over the last four weeks. We do however think this a seasonal blip as long term the prospects remain good. Store lambs are plentiful right now and we have a fantastic selection available please phone us for more details on 01750 723366.

For Sale and Wanted

80 Organic ewes 4 crop

Store Lambs of any breed