Beef / Lamb & Pig Price Tracker

[cattleman123]

A lot of feed grain is bought up now at a fixed price just sat on farms

Yes agree but the big players always headge their bets by trading the futures...

 

[thorpe]

Special treatment for Range rover drivers .
As I only drive a Toyota I have to ring up for mine.

landcuiser more than arange rover arnt they?

 

[livestock 1]

Is that on the cards or just pub talk?

Just me thinking ahead with high fert price and a possibile lockdown coming with lockdowns in Europe looming plus Boris who changes his mind at a drop of a hat I wouldn’t be surprised. These higher livestock prices are a sniff of food shortages don’t think anything else they wouldn’t pay if they didn’t have to we all know that fine well

 

[lloyd]

Its all about the futures market...no grain changes hands...they buy today at X £s a ton and hopefully sell tomorrow at a higher price....when it drops they all start closing their positions and it goes down even more...

It's world supply and demand driving the prices at the moment .
UK wheat has been until now some of the cheapest available and
we will probably have to import at some stage of the season.

 

[livestock 1]

Don’t think it will be headage payment as such but I can see with rising costs and all the rest of it another reduction in production I just wonder where it will all end

 

[andybk]

It's world supply and demand driving the prices at the moment .
UK wheat has been until now some of the cheapest available and
we will probably have to import at some stage of the season.

as has beef and lamb until brexit , been at a 20% discount to world prices for at least last 2 years , traders hedging their bets in case it went wrong

 

[lloyd]

as has beef and lamb until brexit , been at a 20% discount to world prices for at least last 2 years , traders hedging their bets in case it went wrong

Glad to see better beef and sheep prices they were far too low for far too long.

 

[cattleman123]

It's world supply and demand driving the prices at the moment .
UK wheat has been until now some of the cheapest available and
we will probably have to import at some stage of the season.

Yes i agree but the future traders love a rising market and they will drive it higher

 

[cattleman123]

Lets sincerely hope that these 30kg store lambs @ 95 quid turn a nice profit we will all be smiling then come springtime even if the pellets are
£300 quid a ton,i do worry that there will be too may heavy hogs around as they up to now are having a very kind winter

 

[cull cows]

Was just thinking the same had look or stopped looked again 15 mins still no go... Both rings

I was there buying cows all the computers crashed

 

[Full of bull(s)]

.

Yes i agree but the future traders love a rising market and they will drive it higher

Creating a larger bubble which will at some time burst....but when? As a guide, if feed barley/wheat hit £260/300 a tonne by Feb, there will be a mass exodus of pig/poultry by May, leading to a slump in demand and egg on the face of the speculators with expiring futures in June/July, sitting on contracts nobody physically wants to buy. This uncertainty is being felt by compounders who will not be keen to commit to too much more forward, increasing the spot frenzy buying from unwilling arable producers waiting for the magic £300 they have their eyes on. They will be tipping wheat in inexperienced trader’s driveways when this eventually goes tits up

 

[Shebb90]

I was there buying cows all the computers crashed

How was that trade today?

 

[cull cows]

How was that trade today?

All classes would Be up 5 to 10p.
370 cows in aswell

 

[Fake it ‘til you make it]

as has beef and lamb until brexit , been at a 20% discount to world prices for at least last 2 years , traders hedging their bets in case it went wrong

AHDB would disagree

 

[Anymulewilldo]

Glad to see better beef and sheep prices they were far too low for far too long.

Definitely nice too see higher prices. Makes you feel good about what we’re doing at any rate!!
Shame the margins will be exactly the same or smaller than average.

 

[Anymulewilldo]

Lets sincerely hope that these 30kg store lambs @ 95 quid turn a nice profit we will all be smiling then come springtime even if the pellets are
£300 quid a ton,i do worry that there will be too may heavy hogs around as they up to now are having a very kind winter

How much will they be next year if they turn healthy profit at that??

 

[cattleman123]

How much will they be next year if they turn healthy profit at that??

I am guessing 44s will be around the 130 quid...or more to the point hoping

 

[neilo]

.

Creating a larger bubble which will at some time burst....but when? As a guide, if feed barley/wheat hit £260/300 a tonne by Feb, there will be a mass exodus of pig/poultry by May, leading to a slump in demand and egg on the face of the speculators with expiring futures in June/July, sitting on contracts nobody physically wants to buy. This uncertainty is being felt by compounders who will not be keen to commit to too much more forward, increasing the spot frenzy buying from unwilling arable producers waiting for the magic £300 they have their eyes on. They will be tipping wheat in inexperienced trader’s driveways when this eventually goes tits up

I admire your optimism.

The reality is that global supplies are low and global N prices look like reducing next year’s production already.
IF cereal prices stay high as a result, then the days of animal systems that need lots of concentrates are numbered imo.

 

[livestock 1]

I admire your optimism.

The reality is that global supplies are low and global N prices look like reducing next year’s production already.
IF cereal prices stay high as a result, then the days of animal systems that need lots of concentrates are numbered imo.

The knock on effects are quite staggering

 

[neilo]

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