Beef / Lamb & Pig Price Tracker

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!
An excellent post. Ultimately the sheep job is such a rollercoaster there is little we can do about it, but make mistake (edit) not all butchers cant make money out of £150 hoggs, and we need butchers more than ever at a time supermarkets close meat counters and promote plant based high return highly processed alternatives. Lambs will be ok for a bit but its not sustainable without serious exports or a British butcher adding serious value or the pig job getting better. It wont help the lamb job as long as a 50kg pig carcass is making £80 against a 21kg lamb carcass at £110/£115. (edit) after reading @Smith31 post, I have no doubt certain sectors will pay seriously good money for "some" of what we produce, indeed we can make as much if not more from the faggots as we can the whole legs but the market for faggots is much smaller than legs. We need to get like NZ and start marketing and promoting lamb and get away from just selling lambs.
 

ImLost

Member
Livestock Farmer
Location
Not sure
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?
An alternative way of putting it I guess.

However, I would hope all the animals on my farm wouldnt be in pain, and if they were I would either administer pain killers at the soonest available opportunity or if it is suffering that much, despatch it.

I think the real difference between what you are saying about animals being in pain whilst on a farm and animals being slaughtered without stunning is we are choosing to put animals going to non stun slaughter through unnecessary suffering when the option to stun is there.

To balance this out, I do obviously understand there is a gap in the market which requires non stun slaughter, and we would probably see the likes of stolen sheep cases rise if we weren't to offer it, with the sheep that are stolen going through a lot more distress than being processed professionally at a non stun abbatoir.

It is a difficult subject with a lot of grey areas.
 

Jerry

Member
Mixed Farmer
Location
Devon
Caught the last few pens of stores in Exeter.

Mental trade. Nearly Nothing I saw was under £90 and top I saw was 120.

these 35kg lambs made £88

88F12D0F-3469-4F91-B0A0-69199634C7AD.jpeg
 
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.
Or have A greater percentage Profits on cheaper products and not give British products the shelve space they should have
 

hill farmer

Member
Livestock Farmer
Location
breconshire
Apparantly a pen of 45 kgs lambs made £135 at Talgarth this morning.
Son took a few real tail enders down, 5 little ewe lambs only 27kg that made just over £2.40/kg and a single tup lamb that he fetched home 3 weeks ago out of a bunch of 32kgs that had made about £68 (he didn.t look 'right'), fine when he got him home. He was 34kg today and made £88
 

Smith31

Member
you can send them here anytime
An alternative way of putting it I guess.

However, I would hope all the animals on my farm wouldnt be in pain, and if they were I would either administer pain killers at the soonest available opportunity or if it is suffering that much, despatch it.

I think the real difference between what you are saying about animals being in pain whilst on a farm and animals being slaughtered without stunning is we are choosing to put animals going to non stun slaughter through unnecessary suffering when the option to stun is there.

To balance this out, I do obviously understand there is a gap in the market which requires non stun slaughter, and we would probably see the likes of stolen sheep cases rise if we weren't to offer it, with the sheep that are stolen going through a lot more distress than being processed professionally at a non stun abbatoir.

It is a difficult subject with a lot of grey areas.

There is no link between stolen sheep and the halal trade, the vast majority of folk who are convicted of sheep thefts are ex farm employees or Eastern Europeans. I know farmers who have farms surrounded by ethnic communities and have never had an animal go missing.

It wouldn't be halal or kosher if the animal was stolen!
 

SFI - What % were you taking out of production?

  • 0 %

    Votes: 105 40.2%
  • Up to 25%

    Votes: 96 36.8%
  • 25-50%

    Votes: 39 14.9%
  • 50-75%

    Votes: 5 1.9%
  • 75-100%

    Votes: 3 1.1%
  • 100% I’ve had enough of farming!

    Votes: 13 5.0%

May Event: The most profitable farm diversification strategy 2024 - Mobile Data Centres

  • 1,838
  • 32
With just a internet connection and a plug socket you too can join over 70 farms currently earning up to £1.27 ppkw ~ 201% ROI

Register Here: https://www.eventbrite.com/e/the-mo...2024-mobile-data-centres-tickets-871045770347

Tuesday, May 21 · 10am - 2pm GMT+1

Location: Village Hotel Bury, Rochdale Road, Bury, BL9 7BQ

The Farming Forum has teamed up with the award winning hardware manufacturer Easy Compute to bring you an educational talk about how AI and blockchain technology is helping farmers to diversify their land.

Over the past 7 years, Easy Compute have been working with farmers, agricultural businesses, and renewable energy farms all across the UK to help turn leftover space into mini data centres. With...
Top