Market Reports

Trading update- 9th October 2015

Cattle

The clean cattle price has cranked up another notch to 378-380p/kg, which coupled with cheaper feed costs is music to the ears of cattle finishers everywhere. There is no reason for the trade to ease back though processors are whispering about export competition from cattle in the Emerald Isle in a bid to keep a lid on domestic prices. Post-Christmas there is likely to be far greater numbers of cattle which is likely to put downward pressure on the healthy prices we are experiencing now.
Cows are coming forward in good numbers, prices are around about the same with base prices of up to 255p/kg on offer for young cows on the R. Cull bulls are plentiful and we have two outlets offering keen competition for them. Please get in touch if you need any fieldsman advice on your cull stock marketing this Autumn. We have a fantastic opportunity for anyone with upland grazing to purchase a herd of Galloway cows as part of a genuine dispersal. Store cattle wanted, please contact the office if you think you might have some for sale.

Sheep

The lamb price eased back slightly due to high volume this week with prices varying around 315-320p/kg. Given the trade earlier on in the season, the Euro being worth around 73p and the huge volumes being handled the lambs are actually a better trade than one might have predicted. As can normally happen at this time of the year following good spells of weather, lambs are laying down a lot of fat and we would urge producers to keep on top of sheep and keep them in spec. Lambs which are 47-50kg are not suitable for export and can only be sold to processors catering for the domestic market.
If you are going through stronger hill lambs, consider selling them now if they have good cover. 18kg carcasses straight off the grass with little costs are leaving in excess of £57. Lighter weights are around 330p/kg flat rate (anything grading better than an O2) which looks quite good compared to some store market values. Please speak to your local fieldsman if you need any advice with this.
Please would all producers please ensure lambs are sent with the correct paperwork and are shut in at least 8 hours before uplift as this lush wet Autumn grass is really taking its time to work through lambs digestive systems. Thank you.

Organics

Organic cattle are attracting little or no premium at present due to an oversupply situation relative to the conventional trade which is in an undersupply situation. Organic lamb prices are very similar, and we would encourage producers where possible to defer marketing until later in the season when numbers will have eased. Organic store lambs wanted, please phone the office in the first instance if you have any ready.

For Sale and Wanted

Store cattle wanted
Herd of Galloway cows for Sale
Blue Grey heifers for sale

JW