Beef / Lamb & Pig Price Tracker

Frank-the-Wool

Member
Livestock Farmer
Location
East Sussex
Frank, trade is at record highs, yes of course it is not as good as what it actually sounds as most input prices are now also at record highs but you really are coming across that you want the beef price to drop rather than go up to prove your point about Brexit.

At least the beef price is half decent unlike wool with still no word on if we will actually get paid anything for the 2020 wool clip or not!!

I am at a loss to understand where you are coming from if you think I want beef price to drop as I am sitting on a few hundred cattle at present. All I am pointing out is that it is sensible to look at the wider market picture when assessing what can happen to prices.
The present beef price should be sustainable as it is only just catching up with where it should have been the last few years. I have no reason to make a point about Brexit apart from the fact that no one anticipated that livestock prices would rise in the way they have (except pigs) which is why it is even more important to look at the wider world market.

However you should analyse what has been the main drivers of the better price to make the decision on whether it will be sustainable. There is absolutely no doubt that the situation in China and climatic conditions in Australia have been the reasons for the higher prices moving up so quickly, Australia now has the highest beef price in the world at $8.00 per kg or £4.50. Nearly all of Booker's beef that went to pubs and restaurant chains was Australian. So when these outlets reopen they will have to source "cheaper" stuff from elsewhere, if there is any other than in Ireland or South America.

On the wool front I am also disappointed that no announcement has been made and apart from in Northern Ireland where the government is going to help out I fear the lower value wools will receive nothing at all for 2020. This weeks auction price was only 66p. and I guess the costs of handling and selling the wool is over 50p. I would think there is plenty of mid micron wool sitting on farms here and around the world that has not been sold in the last year so any significant price increase looks unlikely for a while, especially as the price of oil remains low and that is the main driver of man made fibre price.
 

jendan

Member
Mixed Farmer
Location
Northumberland
Luckily all roads from here lead to a mart that appreciates local regular customers every week,
I think when my lambing is finished and Spring work eases,i will have to have a drive down to this James Herriot mecca of North Yorkshire. A mart i have never been to. I hope the fatstock buyers are paying up,and not allowed to get too much credit.It can finish a mart very quickly.
 
The one that is at Hexham must read the flamboyant ones reports as they went up a gear in flamboyancy recently with flames n everything.
They’re all on with it now aren’t they? But gets attention. When had Hexham fat trade ever been spoken about on here?
Had them on the phone wanting cattle, didn’t have the nuts to try them. Wish I had now after reading their report. Sent them dead and averaged £1576 might have been better live. Getting very tempted with Thirsk though. They seem to have a consistent trade each week
 

Hilly

Member
They’re all on with it now aren’t they? But gets attention. When had Hexham fat trade ever been spoken about on here?
Had them on the phone wanting cattle, didn’t have the nuts to try them. Wish I had now after reading their report. Sent them dead and averaged £1576 might have been better live. Getting very tempted with Thirsk though. They seem to have a consistent trade each week
No advert is a bad advert they say , the king of flamboyant reports that is closer than you think s reports are good for a while but after a while you just think ffs wind it in but as you say they get attention ! The line about dead weight profiteering and hanging their heads in shame was an absolute belter tho !! I’d give him a wage rise on that alone 😂 good on him for saying it !!
 

Rex

New Member
Location
Ireland
Neither negative or Positive just converting euro to pounds and showing how much the Irish screw their own farmers.
Over a hundred pounds difference on a carcase is still a significant amount.
It is much more interesting than Lime and Ph levels!!
Its actually more of a difference because base price is 4 euro not 4.30
 

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