livestock 1
Member
No. You don’t feel that way about sheep here. Spend that much time with them lol
Beef / Lamb & Pig Price Tracker
- Thread starter TFF
- Start date
- Location
- East Sussex
Isn't it fantastic that these Hoggets are all now worth so much money and I doubt anyone actually thought they would go to these levels immediately we left the EU completely.
However a little analysis of the situation might be sensible before too much talk of the £200 hogget.
Why have the prices increased so much in a little over a week?
I would suggest that the main driver is shortage which was caused by people hedging their best before a decision was made about tariffs, so numbers had been drawn out to kill pre Christmas when the price is normally good and was to the previous few weeks if one looks at the numbers.
Are these prices sustainable?
At levels around £5.00 deadweight then yes, however with some now heading towards £6.00 it is unlikely unless export demand drives the price on a once again weakening pound against the euro.
Exports are NOT going smoothly and if the issue of Health Certificates and Vets is resolved quickly then we should see a more level trade which will be good for everyone. However this is not fully resolved yet and up to now volumes through the ports have only been a fraction of normal.
Exports are still the driver of price for lamb/hogget.
The butchers I supply have cut their lamb orders by over 50% as they have plenty of cheap Pork and Beef which they can sell more easily at a better profit. Most of the Beef is being minced anyway!!
One thing I have learnt over the many years of selling sheep is that if you are making a good profit then take it. Speculation that they will be dearer next week does not always occur.
I don't see the price crashing in January or February as the numbers are short enough and the weather is against too many sheep finishing quickly but I won't be waiting for the £200 hoggets!
However a little analysis of the situation might be sensible before too much talk of the £200 hogget.
Why have the prices increased so much in a little over a week?
I would suggest that the main driver is shortage which was caused by people hedging their best before a decision was made about tariffs, so numbers had been drawn out to kill pre Christmas when the price is normally good and was to the previous few weeks if one looks at the numbers.
Are these prices sustainable?
At levels around £5.00 deadweight then yes, however with some now heading towards £6.00 it is unlikely unless export demand drives the price on a once again weakening pound against the euro.
Exports are NOT going smoothly and if the issue of Health Certificates and Vets is resolved quickly then we should see a more level trade which will be good for everyone. However this is not fully resolved yet and up to now volumes through the ports have only been a fraction of normal.
Exports are still the driver of price for lamb/hogget.
The butchers I supply have cut their lamb orders by over 50% as they have plenty of cheap Pork and Beef which they can sell more easily at a better profit. Most of the Beef is being minced anyway!!
One thing I have learnt over the many years of selling sheep is that if you are making a good profit then take it. Speculation that they will be dearer next week does not always occur.
I don't see the price crashing in January or February as the numbers are short enough and the weather is against too many sheep finishing quickly but I won't be waiting for the £200 hoggets!
- Location
- South Molton
Meat factories warn Covid absences could hit supplies
Industry body calls for the early vaccination of workers to keep supply chains running smoothly.
www.bbc.co.uk
livestock 1
Member
Yes. I was reluctant to mention this last night. It’s like pi@@ing on everyone’s parade including my own. Numbers of cases are very high and cold weather forecast for some time it’s not looking good in this department.Meat factories warn Covid absences could hit supplies
Industry body calls for the early vaccination of workers to keep supply chains running smoothly.www.bbc.co.uk
My Hoggs won’t be clean enough to sell until April way the weather is at the moment. Atrocious here. About got to be on sand to winter Hoggs on roots in my opinion it’s that wet nowadays.
How do those that buy store lambs spread scab?
Most buy them and fatten them don't they ?
I don't begrudge them their profit, they take a chance with what they do, it may be different in other parts of the country but from what I know of it sometimes it works out well for them and sometimes it doesn't
livestock 1
Member
There’s some sold up here that’s black. I know what you mean though
- Location
- North of Perth
Price better hold , can't touch my hoggs till end of this month.
Is cattle price rising too?
Is cattle price rising too?
Been asking on here but sheep seems to be the vogue topic of conversation !!
mine or two plants put the price up this week , expected price increases in next week or two so I heard
Ps , written disclaimer on the above if it doesn’t !!
livestock 1
Member
Ok. First things first how’s the wife?
- Location
- Mendips Somerset
Sorry if we keep posting , just sheep prices have been at record breaking levels for the last 12months , after 30+ years of stagnation .. We all cant believe it ! though looking at my costs 3 decades ago some sort of correction was coming , I expect will be back to normal service (not to ) soon when ELMS encourages stock to graze a bit more lol
- Location
- North of Perth
We were on £3.76 last week but not spoke to anyone since.wondered if it was up this week.
- Location
- N.Lincs
Wise words.
Prices are very volatile for a few very unique reasons. Things can (and probably will) change on something that we have no control over and that we'd never dreamt of happening.
Make the most of it while you can - if you see a good margin, take it.
The Son
Member
- Location
- Herefordshire
Kepak Merthyr £3.75 cattle for Monday Kill
That’s a good sign how much up by?
Non stun takes 5 seconds longer at the end of an animals life, what calculations are you using to quantify harm which conclude that the suffering is so great that it should be banned.
Let the vegan brigade install cameras on your farm, or let an abattoir vet inspect your farm on a daily basis, I bet they find animals which are in pain for alot longer then 5 seconds, should the law ban you from farming too?
The Brexit/export tariff uncertainty did mean that some export abattoirs reduced numbers in the chillers, which are being built up again this has positively impacted on prices.
I will stick my head out and say £200 a hoggett is sustainable, we have a massive halal sheep trade both home and export, who will always eat sheep meat and will become accustom to the higher prices over time.
The problem is that supermarkets will promote chicken and pork in order to drag lamb prices back down before long.
Like the weather , frosty !
you can send them here anytime good bed and well fed.