Early Lamb
                Producers to Gain from Earlier Finish   
              04/03/05
            The vast majority of English early lamb producers could boost
              their profits by as much as £2.50/lamb by cutting just one
              week from the industry standard 20-week rearing time, according
            to the latest English Beef and Lamb Executive (EBLEX) calculations. 
            For a typical 20-week rearing system, EBLEX establishes that producing
              38kg lambs one week earlier than normal will require an extra liveweight
              gain of only 13g/day; an improvement that is proven by on-farm
              studies to be easily achievable within almost any existing feeding
              and management regime. 
            With conservative estimates putting production costs at 12-14p/head/day
              for early lamb finishing on a fairly standard ration, reducing
              the finishing period by seven days offers the prospect of immediate
              economies of nearly £1/head. These will, of course, be very
              much greater with more costly finishing systems. At the same time,
              reducing days to slaughter gives additional economies in labour,
              finance and other overhead costs. 
            EBLEX stresses that the value of faster finishing is even greater
              when lamb prices are falling, as they invariably tend to in late
              spring/early summer. Selling 38kg lambs one week earlier into a
              market in which the average weekly liveweight sale price is dropping
              by 4p/kg, for instance, adds over £1.50/lamb to the bottom
              line. 
            Taken together with the immediate production cost savings, the
              overall benefit of the relatively modest reduction in days to slaughter
              can easily add up to £2.50/lamb (Table). 
            Table: The Extra Profit from Finishing a 38kg Lamb One
            Week Earlier 
            
              
                
                  
                    | Production Costs | 
                    Weekly
                          Liveweight Market Price Fall   | 
                   
                  
                       | 
                    0
                          p/kg  | 
                     2p/kg   | 
                    4p/kg  | 
                   
                  
                    12p/day  | 
                    £0.84  | 
                    £1.60  | 
                    £2.36  | 
                   
                  
                    14p/day  | 
                    £0.98  | 
                    £1.78  | 
                    £2.50  | 
                   
                  | 
               
             
          
            A recent Defra-funded project run by Signet Breeding Services
              has shown that using rams with high Eight Week Weight and Scan
              Weight EBVs can reduce the time to slaughter on already very efficient
              units by fully 13 days, as well as increasing carcase weights by
              an average 0.5kg. At a 12p/day production cost and £2.60/kg
              deadweight price, this gave an overall financial benefit of £2.86
              for earlier finishing before taking account of any changes in the
            market price. 
            On the management side, EBLEX advises early lamb producers to
              introduce creep feed early; give lambs plenty of space and provide
              sufficient feeders in the creep area; extend the creep area as
              lambs get older; ensure good access to clean water; provide salt
              blocks to prevent urinary calculi; and use preventative treatments
              to reduce the coccidiosis challenge. 
             |