Trade Talk - Tom Davies BSc (Hons) MRICS FAAV - Welshpool Livestock Market
19th July 2021
With the dramatic drop in the prime lamb trade approximately 6 weeks ago, many farmers began to wonder is this the start of something disastrous, however, since then we have found an acceptable level, with trade continuing to remain around 240ppk to 250ppkg, around 23ppkg higher in comparison to 2020. That being said, it is not just prime lambs, trade on cull sheep continues to be very strong, with averages up £20 plus in comparison to July 2020.
It is fair to say trade has been driven along by the near approaching, Islamic festival Eid, however all weights and classes have been keenly contested with 5600 prime lambs averaging 252ppkg and 3366 cull ewes averaging £86.20 this week.
Our first breeding ewe sales are just around the corner and there is a sense of optimism that the trade will continue where the hogg and lamb trade left off - with the sky being the limit! Something purchasers may sadly not want to hear, but no doubt the driving force will be the positive prime lamb and cull ewe trade, somewhat of a catch 22!
The cattle trade has also been very positive; barren cows have regularly averaged around 150ppkg, with top prices well in excess of 200ppkg. Store cattle also continue to be keenly contested with our last sale seeing highs of £1850 and 359ppkg. However, our suckler sales, seem to be stealing the limelight, with Cows and Calves from regular vendors’ annual consignments peaking at £4,650 and finding new homes as far away as Inverness!
Let’s hope the positive trade continues throughout the remainder of summer and paves a way for a successful autumn and in the meantime, fingers crossed the British & Irish Lions come back from South Africa as series winners!