News 
 National Rural News 
 Livestock 
 News 
 Heavy lamb offerings a credit to producers: MLA 

Heavy lamb offerings a credit to producers: MLA

16/05/2008 2:49:00 PM
National heavy lamb yardings at MLA's reported markets have been solid since the beginning of 2008, accounting for a quarter of total lambs yarded.

At yards covered by MLA's National Livestock Reporting Service, heavy lamb prices have remained steady despite the high Australian dollar.

MLA says producers have successfully produced heavier lambs, in spite of the pressures of high grain costs and dry conditions.

For the first third of 2008, national heavy lamb offerings finished 36pc higher than the five year average, MLA reports.

Over the past month, heavy lamb yardings have registered their largest increase in some years.

Lamb yardings in the 26-30kg carcase weight range realised the greatest gain in numbers, climbing 64pc above the five-year average.

There has also been larger numbers of lambs that have been offered in four-score condition.

These four score yardings during April were 56pc greater than the five-year average.

Throughout April, the national heavy lamb indicator was 333¢/kg (carcase weight).

Prime heavy lambs have registered some recent price rises due to the varied quality being offloaded at this time of year.

Leading into winter, however, processors are starting to show some concern regarding adequate supplies.

On Thursday, the national heavy lamb indicator finished at 349¢/kg, which was 4¢/kg higher than last week and 12¢/kg lower than the same time last year.

Print
Increase Text Size
Decrease Text Size


Comments


Date: Newest first | Oldest first
Heavy lamb numbers are the result of farmers holding on to lamb for longer than normal hoping for a realistic price from processors /buyers.

Processors gave producers false hope when they stated they would have to pay upward of $4 per kg to secure adequate supplies in April/May.

The current prices being paid are below the cost of production and will see a significant reduction in the number of lambs being produced over the next few years as loss making farmers exit the industry.

Processors and buyers are the ones responsible for the looming shortage in stock availability as they are not considering the viability of producers when purchasing stock.

Greed is going to come back to bite them shortly.

Posted by bazza on 19/05/2008 3:23:36 PM

Post A Comment


Screen name  *
Email address  *
Remember me?
Comment  *
We invite and encourage our readers to post comments. Comments are moderated and will appear as soon as our editor has approved them. When posting comments you agree to be bound by our Terms and Conditions.

Q: Do you support the Federal Government's initiatives in re-opening the live export trade with Egypt?

Yes
(24.9%)

No
(75.1%)

Total Votes: 630
Poll Date: 11/05/2008

6/10/2008 | In journalism there is nothing worse than interviewing someone with TB - True Believerism. But the rapidly changing world is turning traditional ideology upside down, leaving TB sufferers supporting a brand and not a belief.
NQR Subscriptions
 
Horse Deals Australia
 
Rural Bookshop
 
JB Fairfax Scholarship for Rural Journalism
 SEND...
 SAVE...
 SHARE...