Store lambs offer decent margins

摘要

Store lamb finishers who take the "guesswork" out of their system can look forward to a winter of good margins, provided their buying-in price is based on close scrutiny of finishing costs and the teeds available. Although store lambs are averaging around 65 a head - at least 10 up on the year - and finishers face higher bought-in feed costs, EBLEX analysts say net margins (including all non-cash costs) of up to 21 a lamb are possible for those taking a "tight grip" on every aspect of their system. "Our latest costings for store lamb finishers show the 2011-12 season should be on a par with last year and that means there is the potential to achieve around 21 a head profit on store lambs finished on the most efficient systems," says Liz Genever of EBLEX.