INDUSTRY fears about the current dip in cattle prices have been
discussed in depth at a board meeting of the English Beef and Lamb
The message that came out of the discussions for English
beef producers was the underlying market structure was good and
that producers should avoid any panic selling of under-finished
EBLEX Chairman John Cross said the very hot weather and
the start of the holiday season have hit consumer demand for beef.
Also in some areas there is a shortage of good grass for finishing
which has reduced the quality of some beef animals being presented
for slaughter. These factors are at the root of the price fall.
said: “The domestic market is in good shape. Market mechanics
are totally different today from a year ago. There is less South
American beef available, and on top of that there is good export
demand for our beef.
”We would urge producers to continue
to market animals in an orderly fashion and properly finished and
this will help the market to right itself.
“If producers are
tempted to market cattle early in the fear that prices could fall
further, they will merely imbalance supply and demand with the
result being further downward pressure on farmgate prices.”
Finishers must hold firm for beef market prices
Celebrate 40th Anniversary Of The Border Aberdeen-Angus Club
ever exportation of British Charolais semen to Mexico