Market Reports

Market Report 14-06-2013

Beef

Beef prices have taken a lift over the last seven days by around 2 to 4 p per kg depending on which factory you speak too. This means that most of the major players are now offering well in excess of 370p kg. Localised shortages seem to be the reason for the rise, and we feel the trade could go even higher. Cows continue to come forward steadily, as the cost of feeding is now extremely high, farmers are taking advantage of the current high prices on offer. Store cattle seem to be getting no cheaper, with most beef bred stores selling in excess of 210p kg, and many more could be sold to seller’s advantage.

Lamb

Export lamb sales continue to dominate the demand with substantial differences in the trade of export lambs into France and Belgium, compared to home market lambs. However, the main news of the week is reports of the Schmallenberg virus continues to be found in early lambing flocks in the south of England. At present it has been confirmed on an increased number of farms and we are monitoring developments closely, as the last thing we need is anything to disrupt the trade in the run up to Easter, which is traditionally a peak time for selling lamb. News has also reached us that one of our major outlets has started slaughtering new season lamb, how time flies!

Organic

Organic beef continues to be our market leader in terms of price, with R4L Strs & Hfrs trading at the truly remarkable price of at least 520p kg. With supplies short and likely to stay that way for the foreseeable future we can only hope that this trade will continue. Organic lambs are few and far between just now, but what are available are making around 530p kg. Organic hogget’s will still be wanted for a while yet, as long as they have flesh on them and still have their lamb teeth. We had a very interesting day at the SOPA AGM and farm visit at Messrs Lochhead’s farm at Beyond the Burn. It was pleasing to meet Organic producers from the different areas of the country who we only ever speak to by telephone and was good to put faces to names.

Other News

We are planning a kill of Organic cows on 27th June if you have any please give us a call.