why are fat lambs making very high prices?

yellowbelly

Member
Livestock Farmer
Location
N.Lincs
Trade has never been as good.
It's starting to slip back a bit now, which is in line historically with what it usually does at this time of year due to more lambs forward and less demand in the summer months. We always reckon, in this part of the world, to need to get our early lambs gone by Lincolnshire Show week (next week)

Yesterday's lambs made from £105 to £121 compared to the corresponding week last year which was £97 to £105 and 2016 which was £85 to £90.
 

Kiwi Pete

Member
Livestock Farmer
Until COP rises to match it?

Seriously tough year for you guys and girls, that will play a big part in getting the processors up to capacity.... that's if they find the staff to do the work....(n)

Isn't there a shortage of around 2000 staff in the meat processing sector? Will be interesting when the floodgates open.
 
I see in the market report in this week's paper fat lambs are selling good .. but why and how long will it last?
Reported in the farming press, can’t remember if it was weekly or guardian that national fallen stock we’re seeing far higher collections of dead sheep this year due to bad weather in the spring so less lambs for sale and supply and demand leading to higher prices.
 

JD-Kid

Member
What does NZ lamb boys think about it ???
I think it's great just a shame don't have a few 1000 to sell
a wee. part of me is thinking. some ones going to get whacked with the big stick next season. the meat co's can't keep the price high and they will have to make up for paying higher prices
I would be saying price in the shops has not lifted. the same amount and here in NZ chicken took a hit a few months back and the prices are discounted. in the shops. a large amount
 

Danllan

Member
Location
Sir Gar / Carms
I think it's great just a shame don't have a few 1000 to sell
a wee. part of me is thinking. some ones going to get whacked with the big stick next season. the meat co's can't keep the price high and they will have to make up for paying higher prices
I would be saying price in the shops has not lifted. the same amount and here in NZ chicken took a hit a few months back and the prices are discounted. in the shops. a large amount
Here we are getting good prices per kg, though down from the £6 high... my understanding is that the supermarkets haven't really increased what they are paying, so it's the processors that are taking a hit.

As an aside, but on the subject of supermarkets, I know for a fact that one processor just got hit for the best part of £100k because lamb it had packaged had one barcode number wrong. It seems that Sainsburys refused to do the obvious and have a sticker on a card for staff to scan at the till, so the processor had to take the lot back. :banghead:
 

Kiwi Pete

Member
Livestock Farmer
What does NZ lamb boys think about it ???
It has a longer way to fall !

Enjoy it (y) because if I know anything about farmers, they are like freshly weaned lambs through a narrow gateway - supply and demand = yoyo effect.

The other side of me feels sorry for the processors - although they have done OK out of you guys they are a necessary part of the chain, and they will be in pain at present.

The third part is - if the price is passed to the consumers, they just buy other meats, which ends up good for us and bad for you...... so I hope it gets back to a level that is sustainable for the British lamb producer sooner than later.

I have seen what happened to the dairy industry here after a couple of good payouts - immense, immediate COP rise for most industrialists, followed by painful reality.
Hence my first post on here - it seems to be the way folk behave with a few extra drachma in the bin - "lets spend it".

Lamb here is $7-7.60 and for that reason, I'm out. Let some other mug take the risk.
 

Kiwi Pete

Member
Livestock Farmer
Here we are getting good prices per kg, though down from the £6 high... my understanding is that the supermarkets haven't really increased what they are paying, so it's the processors that are taking a hit.

As an aside, but on the subject of supermarkets, I know for a fact that one processor just got hit for the best part of £100k because lamb it had packaged had one barcode number wrong. It seems that Sainsburys refused to do the obvious and have a sticker on a card for staff to scan at the till, so the processor had to take the lot back. :banghead:
FFS :banghead:

How are the processors getting on for staffing their plants? Are they not hopelessly short of skilled workers at present? :(
May be as well that there have been a few extra losses - nothing like "holding the baby" waiting for killing space.

I booked 90 cattle in in late March - first 12!!! away in the morning... gets expensive that does :(
 
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Kiwi Pete

Member
Livestock Farmer
The reality is that the lamb price isn't high...... it has just been far too low the last few years !
:ROFLMAO:
You will need to run guard dogs with them, soon enough!!

Seriously though, the big money brings complications: I heard through the grapevine the extent of payments to grow "leguminous grazing mixes" which still doesn't really make the hill-farmer much better off, if he isn't getting paid £223/ha (or whatever) as well :(

I don't know just how many share my views on this, so I will keep shtum :censored: but this type of money will f**k the job - IMO
 

Still Farming

Member
Mixed Farmer
Location
South Wales UK
It has a longer way to fall !

Enjoy it (y) because if I know anything about farmers, they are like freshly weaned lambs through a narrow gateway - supply and demand = yoyo effect.

The other side of me feels sorry for the processors - although they have done OK out of you guys they are a necessary part of the chain, and they will be in pain at present.

The third part is - if the price is passed to the consumers, they just buy other meats, which ends up good for us and bad for you...... so I hope it gets back to a level that is sustainable for the British lamb producer sooner than later.

I have seen what happened to the dairy industry here after a couple of good payouts - immense, immediate COP rise for most industrialists, followed by painful reality.
Hence my first post on here - it seems to be the way folk behave with a few extra drachma in the bin - "lets spend it".

Lamb here is $7-7.60 and for that reason, I'm out. Let some other mug take the risk.
Just asking as got to be winners and lossers.
We been farming for generations and think this is the dearest they been ever?
Stick with it .
NZ had good runs when ours been crap also.
 

Hampton

Member
BASIS
Location
Shropshire
Yea, crazy isn’t it.
Prices are a little bit higher than they have been since the 80’s and we are talking about prices being very high!

Lamb goes up and farmers moan like hell and worry the job is unsustainable for the consumers. Fertiliser goes up and we moan like hell, then buy it anyway after being told by the merchants that if we don’t buy it quick, they will put it up again!
 

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