Running sheep level 435/26/2023 While in the west, lamb prices rallied, gaining 9¢ to 575¢/kg cwt. Processors and restockers were happy to buy lambs at the lower levels, even if they weren’t to be killed this week.Īll lamb prices fell this week, but mutton ‘only’ lost 35¢ to sit at 431¢ on the east coast and 400¢ in the west. The Eastern States Trade Lamb Indicator (ESTLI) fell 77¢ but only back to the levels seen three weeks ago. When supply overwhelms demand, prices fall. Normally we don’t see Victorian lamb yardings over 100,000 head for another month and so processors definitely didn’t have the space to kill them. ![]() With plenty of lambs and sheep seemingly booked in over the hooks, prices tanked sharply. The lift in supply was felt across all yards, with Naracoorte in South East South Australia also seeing a big rise. Metaphorically, not literally.Īfter Matt’s article last week, and earlier this week, looking at Victorian lamb yardings, or lack thereof, this week the lambs appeared (Figure 1). It’s a weak analogy, but with Victorian lamb producers facing encroaching dry conditions, they have held, and held, and held, until this week they raised their spears, but were themselves impaled. Mel said ‘Hold, hold, hold, now!” and the Scottish rebel impaled the English horses on spears and subsequently won the battle. We are looking to support Maori-owned sheep and beef farming businesses more effectively than we have done in the past.Those familiar with the movie ‘Braveheart’ will recall the scene where Mel Gibson and co are facing a cavalry charge from the English Army. Two new positions have been created – Anaru Smiler and William McMillan have been appointed Kaiarahi Ahuwhenua Sheep & Beef, operating jointly for FoMA and B+LNZ.ĭr Scott Champion, chief executive, B+LNZ, said: "Maori ownership of the pastoral sector is large, with nearly 20% of New Zealand land in Maori ownership – and a large proportion of this is running sheep and beef. In related news B+LNZ has just announced it is to join forces with the Federation of Maori Authorities (FoMA) in order increase the support given to Maori sheep and beef farmers. The only exceptions are Northland and northern parts of the Waikato, where tight feed conditions in spring 2014 might impact on calf survival at calving." With favourable feed supplies over the winter, and assuming good feed supplies continue into spring, the calving percentage is expected to be similar to last year. "Breeding cows were in good condition at mating. However, spring lambing conditions will be a key factor determining the final lamb crop," he explained. ![]() ![]() "With 20 million breeding ewes, each one percentage point change in lambing percentage equates to 200,000 lambs. Breeding ewe numbers were down 1.4% to 19.96m compared to the same period last year.īurtt added the given the favourable climatic conditions and overall adequate feed supplies, the national average ewe lambing percentage is forecast to lift by around 1.5 percentage points, from 120.9 in 2013. The decline has been put down to dry conditions in the North Island, as well as the continued change in land use in the South Island towards dairy and activities to support the dairy industry.Ĭattle numbers were more positive however – up 1.6% to 3.76m – seeing their first increase since the 2006-2007 season.Īndrew Burtt, chief economist at B+LNZ Economic Service, said strong mutton prices driven by rising demand from North Asia encouraged a high level of cull ewe processing for the second year in a row.
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