Trade Talk by Simon Whaley

12th August 2016

It is certainly nice to feel the positive reaction to the referendum result amongst the Livestock Farmers with the Livestock Markets seeing more customers returning to the auction system to market their stock.

Now midway through August and prime lamb numbers creeping up on a weekly basis with between 400-600 being offered each week at Salisbury, trade has also followed an upward trend helped mainly by exports being made more favourable by the Pound exchange rate against the Euro. The very best sorts, particularly Continental crossed achieving around the £2 per kilo liveweight mark, however inevitably this will lead to some sheep being presented before being fully finished, as the lambs are weaned and the grass nutritional value decreases.

Cull ewe values have also fully maintained their advances despite an increase in throughput, particularly for grazing types, but as with any category of stock fatter sorts more difficult to place.

The first breeding and store sheep sale of the year held at the traditional Wilton Fair Field saw an encouraging start to sales with a good company of buyers pushing prices along to just above last year's levels with yearling Suffolk cross ewes to £118 & Mules to £129 per head. Ewe lambs also keenly sought for the right types up to £90.50.

Store cattle have seen some outstanding prices achieved in recent weeks no doubt helped by the plentiful supply of grass. Prices regularly topped well over £1000 per head for the best of both sexes with potential to grow on over the summer period. Numbers have also increased as more vendors use live auctions with all the benefits it brings.

Simon Whaley FLAA
Southern Counties Auctioneers