What to do with store lambs?

[Guiggs]

I usually sell my remaining lambs in August as stores to preserve grazing for ewes however this year I have masses of grass due to a kind year and not enough mouths grazing so do I keep them, ride out the September store glut and sell later, say November or December when hopefully the price will pick up a little or do I sell as usual due to the uncertainty of Brexit that might make them worthless after October 31st,
Interested to know what others are doing/ how you see things panning out?
I'm not a gambler, plenty of other vices,
I'm only partly psychic and reserve my powers for the likes of @Nithsdale Farmer and his Suffolk flock in the making!

 

[ARW]

Carry on as normal, nobody knows!

 

[henman]

as a store lamb buyer I am asking myself similar questions
what will the trade be in October ?
will the trade be poor now to October ?
{farmers trying to sell lambs before October}
If the trade is reasonable I would sell now

 

[Guiggs]

as a store lamb buyer I am asking myself similar questions
what will the trade be in October ?
will the trade be poor now to October ?
{farmers trying to sell lambs before October}
If the trade is reasonable I would sell now

Obviously it's still early days but from what I've seen so far the trade seems to be about where I would expect it to be on a "normal " year!

 

[Northeastfarmer]

Do the same as you do every year or you’ll regret it

 

[sticky]

IMO if the trade is where you would be happy to take it I would sell as you normally do. There are to many uncertainties going forward at the moment and the money in the bank might seem more sensible.
I also wouldn't be afraid of having too much grass about as it might be needed mid winter, you just never know.

 

[ARW]

Store lambs are a gamble anyway!

 

[muleman]

sell em now as normal.....and if the job collapses buy em back out of fat for half!

 

[livestock 1]

No idea what the answers are because the ones in charge haven’t a clue what they are doing.
I’m thinking that there will be a lot more store lambs traded earlier this time compared to normal. The main of the store lambs are usually sold before the end of November so there’s no reason if folk are panicking that those lambs could appear before the the end of October. If they do then they will likely be cheaper as there will be a glut.
He who dares wins

 

[I thats it]

As far as brexit, I can't see any scenario where prices shoot up, but plenty where they may crash. Up here stores 2-5up on last year. I'd sell

 

[Man_in_black]

We are waiting to buy any large numbers of stores until after Halloween...

 

[gone up the hill]

I usually sell my remaining lambs in August as stores to preserve grazing for ewes however this year I have masses of grass due to a kind year and not enough mouths grazing so do I keep them, ride out the September store glut and sell later, say November or December when hopefully the price will pick up a little or do I sell as usual due to the uncertainty of Brexit that might make them worthless after October 31st,
Interested to know what others are doing/ how you see things panning out?
I'm not a gambler, plenty of other vices,
I'm only partly psychic and reserve my powers for the likes of @Nithsdale Farmer and his Suffolk flock in the making!

Store lambs are selling very well currently.

Only on places like TFF are people not doing what they would normally do because of what may/may not happen!

Take for example the March deadline, some farmers on here were so convinced lambs would be worthless from April onwards they cut ewe numbers/ didnt put the rams in/ would not buy store lambs in the autumn etc, at the time they were very vocal on here that what they were doing was correct and everyone should be doing the same, strangely enough they all went very quiet come April/ May when lambs/hoggs were a steady and reasonable trade!

If you have the grass i would run them on.

 

[neilo]

Store lambs are selling very well currently.

Only on places like TFF are people not doing what they would normally do because of what may/may not happen!

Take for example the March deadline, some farmers on here were so convinced lambs would be worthless from April onwards they cut ewe numbers/ didnt put the rams in/ would not buy store lambs in the autumn etc, at the time they were very vocal on here that what they were doing was correct and everyone should be doing the same, strangely enough they all went very quiet come April/ May when lambs/hoggs were a steady and reasonable trade!

If you have the grass i would run them on.

Yes, trade carried on at the end of March (although I seem to remember a lot of hogget finishers were disappointed)....purely because ‘no-deal’ didn’t happen, Brexit was delayed, and exports continued as normal.

Are you suggesting that might happen again at Halloween? I thought it was ‘do or die’ this time?

 

[gone up the hill]

Yes, trade carried on at the end of March (although I seem to remember a lot of hogget finishers were disappointed)....purely because ‘no-deal’ didn’t happen, Brexit was delayed, and exports continued as normal.

Are you suggesting that might happen again at Halloween? I thought it was ‘do or die’ this time?

Hogg finishers were not happy as they paid far too much for store lambs on the back of expecting the high prices achieved the year before which was very unlikely to happen 2 years following!

Brexit may or may not happen at the end of October, a lot can happen between now and then, no deal is very unlikely, i suspect that Boris will get a few changes to Mays deal and put it back before the HOC, labour will then back it because they dont have any other option given what happened in the by election last week!

Boris is talking tough and quite rightly so when entering talks with the EU, just a shame remainer May didnt do the same 3 years ago!

Whatever happens i don't think we will know what it will be untill mid October at the earliest!

 

[Llmmm]

Keep the lambs they will gain weight and nearly cant lose money a 30kg lamb will surely be 40 45 in october

 

[Still Farming]

Sell them .
Stupid prices here in store sale .
Fat prices were well crap and bad compared.

 

[yellowbelly]

Fat prices were well crap and bad compared.

They're creeping up again.....

.........whether that's due to the up coming festival or other factors, who knows

 

[Guiggs]

Keep the lambs they will gain weight and nearly cant lose money a 30kg lamb will surely be 40 45 in october

I can get more than that now!

 

[neilo]

Will they finish off the grass you’ve got, or is it old rubbish? If they will finish in the next 6-8 weeks, i’d Be inclined to let them. If they’re going to need feed to get them away, cash them in and let somebody else do it.

We’re getting to that daft time of year again, where the store price props up the fat.

 

[yellowbelly]

I can get more than that now!

I think he means kilos not £'s.