Market Reports

Weekly Market Report 23/5/2014

Beef

Cattle prices continue to slide with well fleshed beasts making up to 360p/kg. Backlogs remain a problem, one finisher is reported to have 4000 cattle waiting on farm to be slaughtered. With Tesco, ASDA and Sainsbury’s all continuing to sell Irish beef alongside British beef there is little light at the end of the tunnel.  With access to a range of outlets be assured that all the Farm Stock fieldsmen do their utmost to get your cattle away as quickly as possible. One silver lining for finishers right now must be the falling grain prices, with wheat now under £150/tonne, rations are at least becoming cheaper. Cows remain sought after by a range of processors and we are managing to get cows away at quite short notice which is pleasing to see given the state of the rest of the beef sector right now. Store cattle are in short supply and we have a buyer looking for 2 year old, dehorned highland bullocks to finish. If you have any, please get in touch with the office or your local fieldsman to discuss the opportunities available.

Lamb

Hogget’s have remained around the 370p/kg in the last week with abattoirs providing keen competition for the small numbers still available. The new season lamb price is burning brightly with R grade lambs achieving 510p/kg. Well fleshed lambs are achieving well in excess of £100/head. With good numbers on the ground and lambs finishing quickly we would urge producers to keep a close watch on lambs and sell at the first opportunity whilst prices remain strong. With high store cattle prices, there are a number of producers looking  for dry ewe hoggs and ewes with lambs at foot to eat the abundance of grass around this spring .

Organic

Organic cattle, as in previous weeks are not attracting a significant premium, so  with several avenues available we would urge producers to keep in touch to ensure that they realise the most value in their finished beasts. Demand for organic lamb remains extremely upbeat with ‘R’ grade new season lambs realising  535p/kg which I am sure you will all agree is absolutely fantastic. Long may this continue! We have a producer with some Down cross certified organic ewes (in flock ages) with lambs at foot for sale, so if you are looking to boost numbers please get in touch with your fieldsman.

For Sale and Wanted

Angus bulling heifers wanted

Ewe hoggs wanted

Cheviot ewes and Tex X lambs at foot for sale.

Store cattle wanted, conventional and organic

Cull cows wanted, all breeds, shapes and sizes

Breeding bulls for sale, all breeds

March 21, 2014 11:54 am