Re: Cattle prices
- From: "Jim Webster" <Jim@xxxxxxxxxxxxxxxx>
- Date: Fri, 23 Sep 2005 16:41:30 +0100
<greymaus@xxxxxxxxxxxxxx> wrote in message
news:slrndj7ko4.5o1.greymaus@xxxxxxxxxxxxxxx
> Major fall in cattle prices here, down to .87 imaginary punts per lb.[1]
> There are worries that the big syndicates (Anglo-Irish, Dawn, etc),
> are going to engineer a wider area collapse, Dawn are about 10p sterling
> difference between their British and Irish prices. Sheep falling too,
> down to about .90p sterling, but in this case the factorys are just
> shutting down, France reported full of very cheap Uk lamb. Heavy
> penalties for +30 months on cattle. Heifers over 30 months almost
> unsalable.
>
> [1] about 70p sterling.
>
Not seen clean beef sold for a week or two but I think that they have held
up
With the end of OTMS, it may be that a lot of companies over here are
holding off buying Irish, hoping they will pick stuff up cheaper here?
Jim Webster
.
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