Market Reports

Market Report 08-11-2013

Beef

With all processors now working flat out to put beef aside for the festive period it is pleasing to report that cattle continue to hold their value with R4L Steers & Heifers still trading at around 414p/kg. The waiting list for AA cattle is easing slightly;- around 5 working days is about the time you would have to wait. Cows are plentiful and are also proving easy to sell, with R4L types selling around 275p/kg.  Stores continue to come forward in good numbers with native bred cattle experiencing a surge in demand and many more could be sold to the seller’s advantage.

Lamb

The price of lamb has risen slightly since the start of the week, and with most of the main players offering around 385p kg. Finished lamb prices are still well ahead of last year when the best price on offer was around 345p kg. With most lambs now coming off some form of keep, producers are pleased with the way they are now weighing and grading. Store lambs are still in demand, so if selling store is an option we would like to speak to you. Cull ewes are a problem at this time with prices well back on the year, and is hard to see any movement upwards in the foreseeable future.

 

Organic

Organic supplies seem to be keeping up with demand, which is encouraging at this time. However a rise in the base price still remains a long way off, as consumer demand at this time is at a seasonal low. Some factories, believe it or not are reporting a seven week waiting time from booking to slaughter. However with the festive period approaching fast we hope to that the traditional lift in prices is not that far away?  Organic stores, be they cattle or lambs are finding a ready market with more buyers than sellers just now.