Beef / Lamb & Pig Price Tracker

[cattleman123]

Mental store lamb trade...Driven by the finished price which is high due to lambs not finishing on wet grass...when they start to finish...there will be a glut and down the price will come...seen it so many times before...but what the end result will possibly be is a shortage of finished hogs in April/May,but what do I know...but make no mistake these store lambs are dammed dangerous

 

[S J H]

Some stock that was meant to be coming to market was still stuck on the motorway at 2 pm! apparently the long closure was made a lot worse due to the police playing with their new toy ( ie a drone to take evidence of the crash sight )

Plenty of buyers missing in all rings.

Ring that took the biggest hit was the store ring which would be anything from £50- £100 head down on the week, good stuff sold well, anything else very difficult, trade got really bad for the last 100 head or so! plenty of 500 kilo feeding heifers up/down £650 head.

Stirks however were a mental trade, especially for the suckler bred types which the trade for would be the dearest since at least last spring, top was £1000 head for a 9/10 month old steer ( sold subject ) plenty of 250 kilo suckler steers £800+ head and heifers same comments late £600's head, these cattle would be up £200 head on three weeks ago.

Store lambs, from what people were saying they were up £5/7 head on the week, ( thou less buyers due to the above sad road accident )

What was it sold subject to?

 

[livestock 1]

If that was true why are we losing all the small abattoirs?, why are another 2 abattoirs in Yorkshire closing? There are hardly any small wholesalers left around the Mart rings.

Get yourself into butchering, let us know how you get on in 11 months please

Small slaughterhouses have higher costs per animal unfortunately

 

[Top Tip.]

Mental store lamb trade...Driven by the finished price which is high due to lambs not finishing on wet grass...when they start to finish...there will be a glut and down the price will come...seen it so many times before...but what the end result will possibly be is a shortage of finished hogs in April/May,but what do I know...but make no mistake these store lambs are dammed dangerous

But are they ,this year it could well be a case of who dares wins. These store lambs could end up being cheap , hindsight will definitely tell us .

 

[bobajob]

Only certainty is there is no two years exactly the same!

 

[Northeastfarmer]

If that was true why are we losing all the small abattoirs?, why are another 2 abattoirs in Yorkshire closing? There are hardly any small wholesalers left around the Mart rings.

Get yourself into butchering, let us know how you get on in 11 months please

They are closing because of too much red tape, too many cost, bad debt, hard to get Labour ect ect....not because they had to pay £10 more for a hogg in April than they did in the other 11 months
I wonder how far some people would travel if they had to borrow 5 million from the bank to buy a farm, kit it out, stock it then sell finished lambs for £80....

 

[neilo]

Plenty of lambs in March and April struggled to make much more than £2kg ,they were worth more(as much) in January that was this spring not 2018 which was completely different

The only lambs that weren’t well over £2, were the overweight, out of spec ones, for which there is always a market but it was completely overwhelmed by numbers this year (after crazy prices for them in 2018). Anything in spec was making well over £2, and the same per head as the big lambs.

 

[Al R]

They are closing because of too much red tape, too many cost, bad debt, hard to get Labour ect ect....not because they had to pay £10 more for a hogg in April than they did in the other 11 months
I wonder how far some people would travel if they had to borrow 5 million from the bank to buy a farm, kit it out, stock it then sell finished lambs for £80....

Obviously no costs in the figure.........

 

[Shebb90]

View attachment 844241
Obviously no costs in the figure.........

if it was only that easy........you need to do your return % on profit from the £80 not turn over. Plus northeastfarmer said £5 million to buy a farm kit it and stock it not just buy land

 

[Full of bull(s)]

If that was true why are we losing all the small abattoirs?, why are another 2 abattoirs in Yorkshire closing? There are hardly any small wholesalers left around the Mart rings.

Get yourself into butchering, let us know how you get on in 11 months please

Who is closing?

 

[Smith31]

Who is closing?

There was someone looking for a knocking box on FB last week, a member directed him towards two abattoirs which were closing one was in Scarbrough I think not sure of the other one

 

[Skintagain]

View attachment 844241
Obviously no costs in the figure.........

Shrewd investment farming

 

[Smith31]

Small slaughterhouses have higher costs per animal unfortunately

When the MHS were responsible for meat inspection around 2002 a report concluded that all abattoirs regardless of size should be charged the same headadge rate for inspection instead of an hourly charge. This was implemented and helped many small abattoirs. However it was abolished a few years later.

The levy boards and the farmers union have stood by and allowed smaller abattoirs to close. Each time an abattoir closes it removes a bidder from around the live ring. These bidders may have placed bids on several hundred animals a day, benefiting farmers. The closure also results in animal welfare issues as animals have to travel further.

Nowadays, unless farmers are Red Tractor and their stock meets supermarket specs they hardly get a bid at the mart. Some may think the levy boards, the farmers union and the large abattoirs are all working together to shaft the farmers

 

[Al R]

if it was only that easy........you need to do your return % on profit from the £80 not turn over. Plus northeastfarmer said £5 million to buy a farm kit it and stock it not just buy land

exactly which means the figure will be down closer to 2%?
It says a lot when people were buying farms, stocking them up and then buying another farm within a few years when on 20% interest!!! No hope of Paying 20% back now let alone the loan!

 

[Old Tip]

Kepak £

The only lambs that weren’t well over £2, were the overweight, out of spec ones, for which there is always a market but it was completely overwhelmed by numbers this year (after crazy prices for them in 2018). Anything in spec was making well over £2, and the same per head as the big lambs.

Very true I was selling small 32 to 35kg hoggs for £75/80 cost £20 in the autumn

 

[Shebb90]

Kepak £

Very true I was selling small 32 to 35kg hoggs for £75/80 cost £20 in the autumn

They done you well. Lose any?

 

[Shebb90]

exactly which means the figure will be down closer to 2%?
It says a lot when people were buying farms, stocking them up and then buying another farm within a few years when on 20% interest!!! No hope of Paying 20% back now let alone the loan!

Don't think Bank would lend you the money to start with but if they did and you did 2% I said you would of done well. In terms of buying land and interest rates, I am a bit young to remember 20% interest rates. But from what I have been told in the family is that about 20-25 years ago there was land around here selling for £1000 acre. That same land now would be about £6000 acre so when you work it out it was still a lot cheaper back then and it was now to do it even tho interest rates are a lot cheaper now

 

[Al R]

Don't think Bank would lend you the money to start with but if they did and you did 2% I said you would of done well. In terms of buying land and interest rates, I am a bit young to remember 20% interest rates. But from what I have been told in the family is that about 20-25 years ago there was land around here selling for £1000 acre. That same land now would be about £6000 acre so when you work it out it was still a lot cheaper back then and it was now to do it even tho interest rates are a lot cheaper now

I meant the profit % wise of the investment would be closer to 2% per year than 7.40%.. complete up in the air figures mind..

it really proves how the value of livestock/agriculture produce in general hasn’t risen with inflation.....

 

[Al R]

Kepak £

Very true I was selling small 32 to 35kg hoggs for £75/80 cost £20 in the autumn

I take it you had to stop selling them so that you could roll your money down to fit more in

 

[Old Tip]

I take it you had to stop selling them so that you could roll your money down to fit more in

Strangely no, it all seems to disappear somewhere but I do find that not being proud about what you buy pays better than paying over the odds for something everyone else likes