Organic livestock

Price data

July 2015

 OLMC logo

Data courtesy of OLMC

£/kg

Beef - Finished
(under 30 months)

 £3.78
(R4L Base)

Cull Cow
(OTM in spec)

£3.00
(R4L)
 

Beef - Stores

 Price changes daily
Contact OLMC (details below)

Lambs - Finished

£3.60
(R3L Base)

Prices serve as a guide only and are averaged from information collected from key producers and traders.

 Graph of livestock prices - Meadow Quality
Data source for graph - Meadow Quality's weekly Market Report
N.B. Lamb price changed from OSL to NSL on 27/04/15

Market Summary

Whilst there has been little obvious increase in consumer demand for organic prime beef, the numbers have become tighter. This alone has aided the slight recovery in the organic beef price. A strong conventional trade pushing hard on the heels of organic prices has made many processors sharpen their pencils when it comes to pricing organic beef. The situation of shorter supply numbers is likely to remain for a few weeks yet; let's hope this can be coupled with an increase in consumer demand - a position that would put the sector on a firmer foot going forward.

Better than expected cuts of forage have been reported in many parts of the country, with an encouraging rate of regrowth in areas which have had their fair share of rain and warm weather. However, some areas (especially in the east) remain very dry, with many grazing fields looking baked and in need of a good dose of rain.

The demand for organic cull cows continues, and the price for well finished, heavy cows has strengthened considerably. The plainer types that still have the potential to put weight on without going too fat will appreciate in value on this trade.

New season lambs are starting to build in numbers, with the peak expected during this month and in August. All lamb prices have been challenged as we have seen the conventional trade slump under the weight of oversupply for a poor export carcass market into Europe.

Forward planning of lamb sales will be imperative as large flushes of lambs can cause backlogs to build up. Ensure that you marketing agent knows when you are likely to have large draws of lambs and keep them informed of progress building up to that time.

All sheep born this year will need to be electronically tagged. Ensure that you have ordered your tags in good time as manufacturers are currently experiencing high order volumes.

Tim Leigh, OLMC - 01763 250313

Store Cattle Report - July 2015

Organic Stores now in strong demand.

Organic beef production has gone through a huge turmoil in the last 6-12 months, with finished cattle not just dropping in price but being very difficult to sell. Two to three month waiting lists have not been uncommon, and in some cases finished cattle have been sold into the conventional market to keep them moving as they were going past their optimum selling point.

This period of uncertainty caused store cattle movements to become very slow with prices only moderate, whilst at the same time the conventional store market has been very strong. However, this sluggish demand has radically changed in the last five or six weeks, with producers finding they are very short of stock now that organic finished cattle prices have improved and the backlog is starting to clear.

At the time of writing there are a number of producers looking for a total of 500-600 cattle, with demand right across the board for all classes of organic stores. There has not been a better time to sell in the last 12 months, so please let us know what you have available. You will realise a good return for your store cattle.

Peter Jones, OLMC Store Cattle - 01829 730 580 / 07720 892 922