Red meat supplies set to tighten after extreme 2018

 

Michael Priestley, Farmers Weekly (UK)†

08 January 2019

 

A smaller UK cow herd and sheep flock could support market prices in 2019 after one of the most challenging years for a generation.

 

Higher lamb and calf mortality, coupled with the forced liquidation of breeding females on many farms as a result of the summer drought, has left domestic red meat supply looking likely to contract.

 

Dairy supply, on the other hand, is on the up globally, with New Zealandís surging production driving a winter milk price drop, although decreasing European intervention stocks are positive news for farmers.

 

Fewer lambs ...

 

Brexit unknowns ...

 

Fewer cows ...

 

Milk markets set to drop ...

 

Intervention falling ...

 

Fat value ...

 

more

https://www.fwi.co.uk/livestock/red-meat-supplies-set-to-tighten-after-extreme-2018