Organic livestock

Price data

May 2015

 OLMC logo

Data courtesy of OLMC

£/kg

Beef - Finished
(under 30 months)

 £3.70
(R4L Base)

Cull Cow
(OTM in spec)

£2.80
(R4L)
 

Beef - Stores

 Price changes daily
Contact OLMC (details below)

Lambs - Finished
(*OSL)

£3.91*
(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

Another poor month of trading, with cattle supplies remaining ahead of abattoir demand, fueling a continued gradual weakening in the price. As stated before, with this type of situation it is imperative that the producer has a plan of sale and has discussed this with their marketing outlet - taking special note of cattle that are nearing thirty months of age in order to market them before they go over age.

The April grass growth has been slow in most cases, delaying turn out for some. However, as we move into May the prospects look better on the weather front - and the grass seems to be moving at last. Cattle quality has remained high, with the delays in moving stock contributing to better finished animals from some parties.

The cow trade has for the most part remained similar to last month, with current numbers coming forward seeming to match demand. Processors are reporting better demand for OTM organic beef, and a continued sluggish consumer demand for prime beef. Hopefully we will soon see reversal in fortunes for the latter as we move into the summer months.

The trade for organic lamb has slumped quite dramatically in the past month  This is reflected in the conventional world where larger drops in price are apparent. A push to stock New Zealand product by the multiple retailers has been incremental in the downturn for the conventional hogget producer. That and the lack of promotion since the Easter period all go toward weakening the trade right across the board, especially when reasonable volumes of hoggets are coming forward.

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

Despite the sluggish demand for organic finished cattle from abattoirs and processors, the demand for organic store cattle remains optimistically buoyant. The spring has been very reasonable, with good grass growth in most areas, although the cold nights are still not yet behind us. There is still in a lot of cases forage and feed left over from the winter. This has maintained demand for store cattle, particularly the 12/16 month old cattle that are able to be turned out and finished next autumn/winter.

The condition of cattle this spring has been excellent, reflecting the adequate supplies of feed during the winter. We are always looking for organic cattle and prices are remaining surprisingly firm and we continue to have good demand.

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