Heard in local market yesterday that a 40kg lamb in NZ is making €200. Which is around £101 .I don't see how they will be sending lamb's over here in the spring. Or do our supermarkets have a hold on abattoir over there as well. When I had a meeting with the main meat buyer for tesco he admitted that the only reason that they sell NZ lamb is that they make more profit in it and has nothing to do with availability of our lamb in spring.
New Zealand lamb
- Thread starter Cymro 33
- Start date
Thats their end of season price though surely? Come the new year I'm quite sure NZ will be plentiful with fresh lamb ready for dispatch to the UK.
Farmer1001
Member
NZ farm gate price has nothing to do with retail price at tesco, all to do with making lost of the whole carcass, not bits of it. Processing in NZ isn’t controlled by a few wealthy retailers and meat men, mainly farmer cooperatives although Chinese investing in them as well.
- Location
- Scot Borders
At the moment U.K. And Eire lamb is the cheapest in the world for a variety of reasons, most of which everyone knows or can guess at. NZ and Aus lamb prices are at or near record levels due to Far East consumers, so very little will ever be heading in this direction any time soon.
French 20 kg R3L lamb carcasses were trading at €110 last time I looked.
There should be some good light at the end of the tunnel if only we could sort out B...t
French 20 kg R3L lamb carcasses were trading at €110 last time I looked.
There should be some good light at the end of the tunnel if only we could sort out B...t
- Location
- Dumfries & Galloway
At the moment U.K. And Eire lamb is the cheapest in the world for a variety of reasons, most of which everyone knows or can guess at. NZ and Aus lamb prices are at or near record levels due to Far East consumers, so very little will ever be heading in this direction any time soon.
French 20 kg R3L lamb carcasses were trading at €110 last time I looked.
There should be some good light at the end of the tunnel if only we could sort out B...t
Their prices are as good because everyone is snubbing ours for political reasons.
If we get trades sorted out, everyone else's lambs will drop in price as there will be more on the global market...
Hilly
Member
- Location
- Scottish Borders.
Store values are terrible at the moment.
- Location
- Scot Borders
Not sure the political argument stacks up. My lamb buyer says the demand from the continent is still there . The problem lies closer to home, too many people chasing lambs out the door before Oct 31st. He says they are being swamped with 16-18.5 kg carcasses that are needing another 3-5 weeks to finish properly, and these are dragging the market down .
Lanark market report on Monday backs this up, more than half the lambs forward were no better than good stores. Good fleshed 43 kg and upwards lambs were significantly up on the previous week
- Location
- Dumfries & Galloway
My processor built their entire business on exporting lambs into Europe. They, on average, most years kill 3-4 days a week with lambs going to Spain, France, Italy and Belgium. With the odd domestic job to keep their hand in, and shift any lambs which had been intended for export but which didn't spec up.
Since we voted leave, their contracts have been disappearing. They now kill 1 day a week for export the rest is made up with domestic trade
It's not quite that simple though. This is their lambing season so there aren't many lambs about there but still demand into their export markets on China and the middle East.
While we are lambing and selling hoggets for £100 (hopefully!) in spring they are in their late summer autumn glut and getting £50-60 for theirs.
But yes I agree their lamb probably does get used as a loss leader here to keep our prices lower. Unfortunately that's how the world works wether we like it or not.
While we are lambing and selling hoggets for £100 (hopefully!) in spring they are in their late summer autumn glut and getting £50-60 for theirs.
But yes I agree their lamb probably does get used as a loss leader here to keep our prices lower. Unfortunately that's how the world works wether we like it or not.
- Location
- Owaka, New Zealand
$8/kg at the moment, they'll be cutting teeth soon enough.
That should bottom out just below $7 midseason, but there won't be $200 40kg lambs, maybe the 49.7's
That should bottom out just below $7 midseason, but there won't be $200 40kg lambs, maybe the 49.7's
- Location
- West Wales
Big piece in the western mail on 17/09/2019 about Liz Truss bring in NZ and is trying to strike a deal for lamb to come to the uk...
So about £3.50 ish a kilo? That's about what the dead weight are quoting for next week I think maybe a bit more.$8/kg at the moment, they'll be cutting teeth soon enough.
That should bottom out just below $7 midseason, but there won't be $200 40kg lambs, maybe the 49.7's
- Location
- Owaka, New Zealand
Yeah, I think it will end up around $6.60-.$6.75 during the glut.
It strikes me as odd that so many actually aim to have their lambs ready when the prices are at their lowest, must be a hard way to make a living!
- Location
- Fife
Killing them earlier at lighter weights can often be more profitable.
- Location
- Owaka, New Zealand
And later in life, if you don't pour money into them.
I am to do both, and avoid selling in the glut.
- Location
- Moreton-in-Marsh, Glos
We have a similar situation with our Red Deer. The supermarket that sells it, claims it makes more profits from the NZ stuff it sells when UK stuff is out of season.
The real reason is that they don’t have to deal with the parts of the animal nobody wants as that doesn’t come here.
Either way they need decent finish on them or its murder.
.... and it spoils the meat trade.
Pieces_of_Eight
Member
It's much more likely to be because of a sudden increase in demand from China, where pig meat has become much more expensive.
- Location
- Dumfries & Galloway
It's much more likely to be because of a sudden increase in demand from China, where pig meat has become much more expensive.
There's also an increase in demand from the likes of France, as they still want lamb - they just don't want ours. They still need to fill their orders from the rest of the world...
Greythundercloudys
Member
Correct, lv heard and you can see it at the markets, everyone is getn ride of lambs before the big day. Iv done it as well, sold most in August, but a lot of folk are crazy selling those under finished lmb in the fat ring
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