Trade Talk Ian Atkinson Bsc (Hons) FLAA, Auctioneer, NWA Junction 36 Crooklands
12th June 2021
The trade we have enjoyed this spring has been fantastic, and who would have thought it with the recent uncertain times we have seen with Brexit and the Covid-19 pandemic?
The red meat industry has seen a record spring for lambs, with prices remaining very firm as we enter into June, with many live markets still averaging in excess of 315p a kilogram. Best quality and heavier weight lambs are certainly selling to a premium this year.
The reason for heavier weight lambs meeting such a strong trade is the shortage of lambs, weighing in excess of 45kg, available on the market. This year we have seen more lambs coming on the market between the weights of 37-39kg, with vendors rightly taking advantage of the strong trade, and I personally urge vendors to continue to take advantage.
The cast sheep trade has rallied in recent weeks. Following the end of the Ramadan festival we saw the trade slip back ten pounds a sheep, but in recent weeks we have seen the trade rally and now selling to very strong trades, with many auctions easily averaging in excess of the £100 mark.
This spring has seen great demand for all specification of sheep with lambs at foot. This is down to the continued strong trade for spring lambs, prime hoggs and cast sheep. Despite the slow spring and one of the wettest and coldest months of May in history, demand has remained very buoyant, especially to the end of May once grass arrived.
It has been great to see plenty of demand for younger replacement sheep such as hoggs and shearlings with lambs at foot, with many vendors reporting averages between £20 and £50 up on the year.