Eyes on early store lambs after festival bonanza
Close scrutiny of early store lambs sales could indicate whether predictions about a supply glut will come true, as trade moves into post-festival holiday
Stay updated with breaking news from Tom Wrench. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Close scrutiny of early store lambs sales could indicate whether predictions about a supply glut will come true, as trade moves into post-festival holiday
A surge in spring lamb trade was carried into the start of the week, suggesting the hogg mountain has almost shifted. Market forces have supported a
A surge in spring lamb trade was carried into the start of the week, suggesting the hogg mountain has almost shifted. Market forces have supported a
Hoggs rocket past 300p/kg on Monday and Tuesday >More in © Tim Scrivener Deadweight lamb buyers could be forced to pay higher prices after liveweight hoggs passed 300p/kg earlier in the week (5-6 April). Numbers remain tight nationally, with some reports of large finishers having half the usual numbers. Some markets are reporting a deadweight equivalent of more than 675p/kg, depending on specifications and kill out. Wigton’s hogg trade hit an eye-catching SQQ of 367.5/p/kg on Tuesday (6 April). This is in stark contrast to pre-Brexi...
Lamb contingency plan needed for Brexit >More in © Tim Scrivener Contingency planning will be essential for lamb producers selling in the new year, regardless of how Brexit negotiations progress. AHDB lead red meat analyst Duncan Wyatt has estimated there will be a 5% drop in lamb value based on the administrative burden of inspections, documents and health certificates. In the event of a no-deal, AHDB economic modelling predicts a 25% drop in lamb values. Industry leaders estimate that 33% of UK sheepmeat is exported to the EU annual...