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Beef / Lamb & Pig Price Tracker
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<blockquote data-quote="Frank-the-Wool" data-source="post: 7259624" data-attributes="member: 699"><p>Anyone who is close to the retail end of the meat business will know that trade is difficult at the moment. Beef sales have been sluggish except mince and stewing steak. One of the butchers I supply had a pallet (600 kg) of Scotch rib eyes off the bone. He is knocking out rib eye steaks at £6.75 a pound for excellent quality. He told me that he was buying these for the same price as Chuck steak so if they don't sell he will just put them through the mincer. For the last month he has had cheap steak which would have gone to the catering outlets. Fillet steak was £6.00 a pound for a while. It is no surprise that live beef prices are slipping, all the Christmas orders from the real butchers were filled this week so they can hang it long enough.</p><p></p><p>The only reason lamb is holding up is due to export demand so limiting the amount available for the home market, however butchers will tell you that they are not making much on lamb at the moment and if the price increases any more they will look to sell more pork (which is on the floor at the moment) and meat like venison which is also terribly cheap at the moment. </p><p></p><p>I am confident that lamb will stay a good price until Xmas (probably not enough for those that have paid top dollar for stores!) but after that who knows. Ewes have been a better trade this week and is a reflection of the demand for takeaways which will continue for most of the country as not many people will be eating out.</p><p></p><p>As one of the larger livestock buyers said to me this week the job is on a knife edge!</p></blockquote><p></p>
[QUOTE="Frank-the-Wool, post: 7259624, member: 699"] Anyone who is close to the retail end of the meat business will know that trade is difficult at the moment. Beef sales have been sluggish except mince and stewing steak. One of the butchers I supply had a pallet (600 kg) of Scotch rib eyes off the bone. He is knocking out rib eye steaks at £6.75 a pound for excellent quality. He told me that he was buying these for the same price as Chuck steak so if they don't sell he will just put them through the mincer. For the last month he has had cheap steak which would have gone to the catering outlets. Fillet steak was £6.00 a pound for a while. It is no surprise that live beef prices are slipping, all the Christmas orders from the real butchers were filled this week so they can hang it long enough. The only reason lamb is holding up is due to export demand so limiting the amount available for the home market, however butchers will tell you that they are not making much on lamb at the moment and if the price increases any more they will look to sell more pork (which is on the floor at the moment) and meat like venison which is also terribly cheap at the moment. I am confident that lamb will stay a good price until Xmas (probably not enough for those that have paid top dollar for stores!) but after that who knows. Ewes have been a better trade this week and is a reflection of the demand for takeaways which will continue for most of the country as not many people will be eating out. As one of the larger livestock buyers said to me this week the job is on a knife edge! [/QUOTE]
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