Livestock Special Alert 2023
Inland Revenue have recently announced this year’s livestock Herd Scheme Values and we think this is a great opportunity to update you on the latest movements. The Herd Scheme Values are the National Average Market Values, determined by a process involving a review of the livestock market as at 30 April. Consider your livestock election […]
Livestock Special Alert 2023: Sheep
Sheep values have all fallen from the high of 2022, slipping back an average of 10.2%. Whilst values have fallen, they are still either the second or third highest that they have ever been depending on which class of sheep you are looking at. The price of sheep meat weakened from the record highs of […]
Livestock Special Alert 2023: Goats
Goat values have increased on average 7.8% with almost all classes of fibre and meat producing goats at record highs. The value of milking goats continues to be well down from historic highs, except for breeding bucks which are at their highest value. Female milking goats have continued their decline, down a further 3.7% this […]
Livestock Special Alert 2023: Deer
Deer values saw further recovery from the low values of 2021 with an average 16% increase in values for Red Deer, Wapiti, and related breeds. The market for velvet has also contributed to an increase in values and there is optimism that the lows of Covid-19 have passed and the export demand for venison continues […]
Livestock Special Alert 2023: Dairy Cattle
The values for Dairy this year have seen a fall in values across all female classes, but increases across all male classes. The fall in R1 heifer values can be attributed to the prohibition of live export by sea commencing from 30 April 2023. For the first time the National Average Market Value for R1 […]
Livestock Special Alert 2023: Beef
In contrast to Dairy values Beef values have increased on average 9% and are almost at record values for all classes. This is very much a tale of two halves of the 2022-23 season as exports and prices were weak in the first half of the season but have improved substantially as the season has […]
