Store lamb prices

[Woolless]

If you're right, then that will be a help. Had a quick google and AHDB figures suggested reduction of 0.5m but that was a prediction, not based on census numbers.

@Frank-the-Wool usually knows his onions regards this type of thing.

 

[goodevans]

The example you give has a store being bought now at £55 and sold at £50 post Brexit?

I take your point about the world lamb price but if we don't have trade deals in place and it can't leave the country, then it's no help.

But it is a help if no NZ can come in to peg our price down

 

[Woolless]

But it is a help if no NZ can come in to peg our price down

A big 'if' given the goverment's stated aim of keeping down food prices, although the majority of NZ lamb will be going where the money is i.e. not here.

 

[gone up the hill]

If you're right, then that will be a help. Had a quick google and AHDB figures suggested reduction of 0.5m but that was a prediction, not based on census numbers.

AHDB figures are always way out!

Was it 2 years ago come Dec they were saying there was loads of lambs about and in the pipline, come March numbers were very short and trade shot right up!! cue the AHDB then revising their earlier figures!

They haven't a clue either way!

 

[gone up the hill]

A big 'if' given the goverment's stated aim of keeping down food prices, although the majority of NZ lamb will be going where the money is i.e. not here.

NZ and Australian lambs are currently making record prices!

U grade 19 kilo French lamb is currently worth £110 head.

UK same weight/ grade lamb is currently worth about £77 head.................................................

 

[goodevans]

A big 'if' given the goverment's stated aim of keeping down food prices, although the majority of NZ lamb will be going where the money is i.e. not here.

Which means ours should be worth more on the home market

 

[Woolless]

NZ and Australian lambs are currently making record prices!

U grade 19 kilo French lamb is currently worth £110 head.

UK same weight/ grade lamb is currently worth about £77 head.................................................

£77 plus 40% tarriff = £108. Maybe there's hope!

 

[gone up the hill]

£77 plus 40% tarriff = £108. Maybe there's hope!

I think Brexit has already been priced in and that is why our current prices are much lower than they should be but the upside of that is if brexit does happen and is under WTO rules then prices wont drop anymore and actually may well go up a shade!

And if UK lamb doesn't go to France then their prices will rise very quickly and they will then turn back to buying UK lamb even if there is tariffs on it as pro rata it will still be cheaper than French lamb and will help to keep a lid on their prices!

 

[livestock 1]

If these store lambs are such great money why don’t people buy some ewes and do it themselves?

 

[gone up the hill]

If these store lambs are such great money why don’t people buy some ewes and do it themselves?

Because farmers are getting older and their kids are not staying home to work because returns are so poor in the beef/ lamb sectors and lambing ewes is a young persons game and if they aren't about then people cant/ wont keep the ewes and instead will buy store lambs!

 

[Paul E]

There will always be winners and losers!

Most of the very big finishers buy store lambs and sell prime lambs every week from now until April or May!

Whether the buyers/ processors actually pay for them before they go tits up is another matter

 

[Woolless]

If these store lambs are such great money why don’t people buy some ewes and do it themselves?

Because farmers are getting older and their kids are not staying home to work because returns are so poor in the beef/ lamb sectors and lambing ewes is a young persons game and if they aren't about then people cant/ wont keep the ewes and instead will buy store lambs!

Hopefully this is the start of proper money being paid for store lambs to reflect the work put in.

 

[Dave6170]

NZ and Australian lambs are currently making record prices!

U grade 19 kilo French lamb is currently worth £110 head.

UK same weight/ grade lamb is currently worth about £77 head.................................................

So are we just getting shafted at the moment? Whos pocketing the difference? I assume our lambs are still going to the eu at the moment?

 

[Woolless]

So are we just getting shafted at the moment? Whos pocketing the difference? I assume our lambs are still going to the eu at the moment?

I believe that the export market to the EU is not quite what it was at the moment, as they've been looking for alternative supply.

 

[Wooly]

Our UK lamb price is too cheap at the moment compared with the rest of the World.

With the pound so weak, it should mean NZ lamb will be uncompetitive to be sent over in huge volumes..... hopefully.


You lot need to come and buy some store lambs in Ashford market. The price there is nothing like others are quoting.

 

[neilo]

Our UK lamb price is too cheap at the moment compared with the rest of the World.

With the pound so weak, it should mean NZ lamb will be uncompetitive to be sent over in huge volumes..... hopefully.


You lot need to come and buy some store lambs in Ashford market. The price there is nothing like others are quoting.

NZ lamb hasn’t been Coming here in huge volumes for many years, they have been a long way of filling their quota for a long time.

I suspect the prices being quoted by others isn’t for Romneys though.....just saying.

 

[Top Tip.]

17000 lambs in Dingwall tomorrow,there will be lambs there for all tastes and budgets.

 

[ajcc]

Our UK lamb price is too cheap at the moment compared with the rest of the World.

With the pound so weak, it should mean NZ lamb will be uncompetitive to be sent over in huge volumes..... hopefully.


You lot need to come and buy some store lambs in Ashford market. The price there is nothing like others are quoting.

Ime of selling early store lambs through sedgemoor for last 10 years this years price is below average by quite a bit. There is a lot of ewe lambs and 40 kilo lamb sold as “store lambs” giving a false market average . £45 needs a good store lamb (35kilo) the week I sold.
Sorry but it is misleading folk to make this thread appear that stores are in high fifties, they are not they in mid forties but it’s early in season for selling yet, but it doesn’t usually get better.

 

[Guiggs]

Ime of selling early store lambs through sedgemoor for last 10 years this years price is below average by quite a bit. There is a lot of ewe lambs and 40 kilo lamb sold as “store lambs” giving a false market average . £45 needs a good store lamb (35kilo) the week I sold.
Sorry but it is misleading folk to make this thread appear that stores are in high fifties, they are not they in mid forties but it’s early in season for selling yet, but it doesn’t usually get better.

Agree with that,
Sent a load of what I would call genuine stores yesterday, as in will finish in a few weeks of better grass than mine, nothing going to drop dead, no runts or poor doers and they made £50
That's the money I expected despite the market reports stating a fantastic trade of stores in the high 60s and low 70s
While I was unloading a bloke in front of me was filling store pens with lambs that should have been going as fats but clearly he needed the ego boost selling higher priced stores rather than lower priced fat and destorting prices along the way!

 

[jendan]

Ime of selling early store lambs through sedgemoor for last 10 years this years price is below average by quite a bit. There is a lot of ewe lambs and 40 kilo lamb sold as “store lambs” giving a false market average . £45 needs a good store lamb (35kilo) the week I sold.
Sorry but it is misleading folk to make this thread appear that stores are in high fifties, they are not they in mid forties but it’s early in season for selling yet, but it doesn’t usually get better.

Looking on "Store Sheep,AHDB/LAA",the average price range last week for all marts selling 1000 or more,was a low of £52.50 at Caithness,to a high of £63.40 at Darlington.Less than £9/head difference right across the board.(Sedgemoor at £56.80 for 1156,and Ashford at £54.90 for 3856).From a potential Northern England buyers point of view(me),geography is Ashfords disadvantage.A long way South and difficult to get to,and also the lambs are coming North(colder,wetter climate) than, say from Dingwall or Lairg.