Selling store lambs ‘less risky’ for most producers
Queensland producers should be flexible when making lamb marketing decisions, but the quicker turn off that comes with selling stores generally brings greater returns than grain feeding, according to a sheep and wool adviser.
Mr Duddy said high store lamb prices have made feedlotting ‘reasonably risky’ in recent years.
But the private consultant, who has more than 25 years industry experience, has a relatively simple calculation to help producers determine store versus trade opportunities in a given market.
“Store lambs need to be trading at or below 85 per cent of the value of trade lambs on a cents per kilogram carcase weight basis to minimise risk and provide opportunities for a reasonable profit margin,” Mr Duddy explained.
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