Falling costs are leaving sheep sector underneath strain – UFU


The Ulster Farmers’ Union (UFU) has mentioned that falling sheep costs are leaving the sector underneath immense strain and that processors urgently want to offer honest lamb costs to enhance the native market.
The union mentioned that the sector is in an uneconomical state, as sheep farmers do not make sufficient of a return to cowl their enter prices.
UFU beef and lamb chair, Pat McKay, believes Northern Eire sheep farmers are presently going through “unprecedented monetary strain”, referencing the present value of lamb ending pellets as an element, that are roughly £405/t in comparison with £290/t this time final yr.
“In the meantime, lamb value regionally has collapsed by over £15 per lamb within the final three weeks, when the value must be rising weekly to cowl growing enter prices. Costs at the moment are decrease than this time in 2022,” he mentioned.
“The lamb market within the Republic of Eire and Nice Britain has additionally come underneath vital pressure. We encourage sheep producers to buy round to hunt the perfect value and enhance their margins had been attainable.
“There’s rising concern in regards to the affect present commerce may have on this yr’s early spring lambs.
“We’re urging processors and retailers to step in and help the native sheep business urgently.”
McKay warned that the sheep sector can’t be sustainable if it isn’t worthwhile and mentioned “it should be recognised that farmers are additionally customers like everybody else”.
“The price of dwelling is rising alongside enter prices on-farm, how can farmers be anticipated to supply meals to world main requirements and obtain lower than it prices to supply as a return?
“It’s merely not viable neither is it honest, particularly making an allowance for the additional work and feeding they’re presently doing to take care of livestock within the snow.”