LRP-Lamb Market Report 17 June 2013

The LRP-Lamb price index ended the week at $110.42 per cwt. This is down $1.69 from last week’s index of $112.11.

LRP-Lamb insurance price forecasts expiring June 14, 2013 were as follows:

Date Offered

Policy

Expected Ending Value

Actual % of Expected

3/18/2013

13-week

$91.23

121.0%

1/28/2013

20-week

$103.58

106.6%

12/17/2012

26-week

$116.55

94.7%

9/17/2012

39-week

$161.85

68.2%

The effective floor prices offered by LRP-Lamb coverage for expiring policies were as follows:

     

Effective Floor Price (Coverage Price – Premium)

     

(Premium per cwt.)

Date Offered

Policy

Expected Ending Value

95%

90%

85%

80%

3/18/2013

13-week

$91.23

$84.529

$81.308

$77.296

$72.910

     

(2.141)

(0.802)

(0.254)

(0.070)

1/28/2013

20-week

$103.58

94.671

91.448

87.299

82.585

     

(3.729)

(1.772)

(0.741)

(0.275)

12/17/2012

26-week

$116.55

106.261

102.524

97.920

92.730

     

(4.459)

(2.376)

(1.150)

(0.510)

9/17/2012

39-week

$161.85

145.109

140.339

134.490

127.797

     

(8.651)

(5.321)

(3.080)

(1.683)

The expiring 39-week policies provided an indemnity payment at all four of the offered coverage levels 95%, 90%, 85%, and 80% with the effective floor prices in effect and providing protection ranging from $34.689 per cwt. to $17.377 per cwt. after premium payment deductions.

The expiring 26-week policy provided a small indemnity of $0.30 per cwt. at the 95% coverage level but not enough to cover the premium payment.

 

LRP-Lamb price insurance coverage offered on 17 June 2013 is as follows:

Date Offered: 17 June 2013

Effective Floor Price (Coverage Price – Premium)

     

(Premium per cwt.)

Policy

End Date

Expected Ending Value

95%

90%

85%

80%

13-week

9/16/2013

$96.56

$89.464

$86.051

$81.811

$77.176

     

(2.266)

(0.849)

(0.269)

(0.074)

20-week

11/4/2013

$97.24

88.879

85.856

81.696

77.532

     

(3.501)

(1.664)

(0.696)

(0.258)

26-week

12/16/2013

$89.74

81.817

78.941

75.394

71.397

     

(3.433)

(1.829)

(0.886)

(0.393)

39-week

3/17/2014

$116.62

104.557

101.126

96.910

92.087

     

(6.233)

(3.834)

(2.220)

(1.213)

 

Expected Ending Value for 9/16/2013 is $96.56, up $4.83 from last week’s expected ending value for 9/9/2013.

Expected Ending Value for 11/4/2013 is $97.24, up $7.18 from last week’s expected ending value for 10/28/2013.

Expected Ending Value for 12/16/2013 is $89.74, up $8.32 from last week’s expected ending value for 12/9/2013.

Expected Ending Value for 3/17/2014 is $116.62, up $6.16 from last week’s expected ending value for 3/10/2014.

Webinar 12/11/2012: Looking towards the future of Parasite Management through “host-colored” glasses

American Sheep Industry logo
Looking towards the future of Parasite Management through “host-colored” glassesWebinar presented on Dec 11, 2012 at 7:00 PM EST.

View Now!

Presenter: Dr. Scott Bowdridge, West Virginia University

Date: Tuesday, December 11, 2012
Time: 7:00 pm Eastern, 6:00 Central, 5:00 Mountain, 4:00 Pacific
Host: Dr. Jay Parsons, Colorado State University & Optimal Ag

Many producers have experienced loss in the form of reduced growth and often death as a result of parasitism within their flock. Development of multi-drug resistance in these worms, especially the southeastern US, has left many producers feeling helpless in the face of gastrointestinal nematode parasitism. As a result some have left the sheep business, others have switched to a dry-lot system for lambs and the rest have tried everything else to keep these lambs growing on pasture. The utilization of selective deworming has resulted in at least maintenance of dewormer efficacy, yet with limited drug choices this option remains one of our best tools. Through the incorporation of parasite-resistant breeds many have observed a less frequent need for treatment. However, concerns about the effect on growth and carcass quality, not to mention the effect on wool quality, have limited the use of parasite-resistant hair breeds of sheep. Parasite-resistant sheep have, however, provided much of our understanding of functional host protective immunity, as these sheep generate a very rapid and robust immune response to worms. It is curious why the same response is not seen when commercial-crossbred sheep become infected. Perhaps parasite management should be equally focused on the host as it is on the pathogen.

PowerPoint Slides

 

National Sheep Industry Improvement Center

 

Webinar 11/13/2012 Capitalizing on the Mutual Benefits of a Mentoring Relationship

   American Sheep Industry logo
Capitalizing on the Mutual Benefits of a Mentoring RelationshipWebinar presented on Nov 13, 2012 at 6:00 PM MST.

View Now!

Presenter: Dr. Jay Parsons
Colorado State University & Optimal Ag Consulting

With Special Guests:
Skye Krebs (Oregon), Eric Harlow (Oregon), Jennifer Tucker (Colorado), and Cody Halligan (Nebraska)

Mentoring is a partnership in two-way learning. Having a quality relationship with a good mentor can be the key to success for a new producer but it can also be a very rewarding experience for the mentor. In this presentation, I will discuss guidelines for forming, maintaining, and completing a good mentoring relationship. Sheep producers will join me as special guests to share their mentoring relationship experiences and to help entertain questions from the audience.

PowerPoint Slides

 

 National Sheep Industry Improvement Center

Webinar 8/28/12: Proper Feeding of Ewes During Breeding and Pregnancy

   American Sheep Industry logo
Proper Feeding of Ewes During Breeding and Pregnancy

Presented on Aug 28, 2012 at 7:00 PM MDT.

View now!

Presenters: Dr. Rodney Kott and Dr. Lisa Surber
Montana State University

Proper feeding of ewes has a direct affect on production and represents one of the largest input costs of a producer. This program will focus on ewe nutrition during breeding and pregnancy. Topics covered will include feeding strategies for flushing ewes, feeding during early pregnancy and winter supplementation of range ewes. Differing feeding objectives for ewes in different body compositions will be covered. The webinar will end with a question/answer period regarding sheep nutritional issues around breeding and pregnancy.

 

 National Sheep Industry Improvement Center

On the way to cutting methane emissions

Current research programs in Wales on sheep genetic improvement could help reduce methane emissions by 0.08% per year.

“Increasing ewe litter size and longevity by genetic improvement over 10 years could reduce methane emissions by 8.8% and 3.8%, respectively. Lamb weights also have the potential to increase by 0.8 kg and reduce days to finish a lamb by six days, which in turn could reduce methane emissions by 0.5% per tonne of carcass,” says Dr. Catherine Nakielny of KN Consulting who has been working on developing a model to predict changes in methane emissions by genetic improvements in the Welsh flock.

To access the full article by Sarah Trickett (Farmers Weekly Interactive, 11/10/2011), click here.

FAZD Center releases biosecurity guidelines for small ruminant producers

The National Center for Foreign Animal Disease Defense (FAZD Center)’s primary goal is to prevent disease outbreaks and their spread. Along with maintaining illness rates on livestock operations, the group works to help producers keep livestock illnesses from spreading to humans.

After estimating that more than half of all disease-causing germs found in people originate from animals, the FAZD Center created species-specific groups to spread advice on ways to minimize bacterial transfer. The groups are known as Species Specific Educational Resource Teams (SSERT).

The small ruminant SSERT created voluntary guidelines for producers to consider as follows:

PREVENT DISEASES FROM ENTERING THE HERD

• Test existing breeding stock and newly purchased animals for certain diseases such as: Caseous Lymphadenitis (CL) sheep and goats, Caprine Arthritis-Encephalitis (CAE) in goats and Chlamydiosis in sheep and goats.

• Test other animals like cattle, llamas and alpacas for contagious diseases when kept with sheep and goats.

• Vaccinate healthy animals for potential harmful and contagious diseases.

• Use a clean needle for each animal when giving shots.

• Restrict access of visitors to barns, pastures and lambing/kidding pens.

• Use disposable shoe covers for all farm visitors.

• Minimize traffic and disinfect trucks and automobiles entering the operation.

• Quarantine new animals and animals returning from a livestock show for at least two weeks.

• Do not feed livestock on the ground; use troughs or hay racks.

• Purchase animals from disease-free herds with solid records.

• Do not buy animals with signs of abscesses or poor body condition.

To access the full article by Jeffrey Hoffelt (Agri-View, 11/23/2011), click here.

Flock Focus: Feeding the ewe throughout pregnancy

Lamb death rates average about 15% in the UK – something which could be slashed by better feeding of ewes in late pregnancy, according to recent trials. 

John Vipond, senior sheep specialist at the Scottish Agricultural College, is convinced that changing the formulation of ewe rations could dramatically improve flock productivity.  Read more…

Olivia Cooper, Farmers Weekly Interactive, 11/21/2011

National Sheep ID Needed

Stock agent and farmer leaders believe there needs to be national agreement on an electronic identification system for sheep, before states introduce their own programs. Australian Livestock and Property Agents Association chief executive officer Andy Madigan said ALPA believed for any National Livestock Identification System to be effective “it must be nationally consistent with national implementation, not a phased in system at the states discretion as it is now.”   Read more…
Stock & Land, 9/5/2011

Demand Drives Change in the Canadian Sheep Industry

It appears that Canada’s sheep industry is turning around.

Canada’s ewe flock has steadily declined from close to one million head in 2005 to just over 800,000 in 2011, but recent increases in global demand coupled with high prices are prompting a push for greater industry productivity and innovation.

Alberta Agriculture launched a series of initiatives to help producers “build better lambs” including a current pilot project that provides electronic feedback on carcass data from processor to producer. The project hit resistance with RFID tags that cost $3 to $5 but newly approved tags at a price of $1.65 resulted in a tremendous industry uptake.

(read more …)

New Tag Incentive Program for Alberta, Canada Sheep Producers

The 1,900 sheep producers in Alberta, Canada will be eligible for a total of $900,000 in incentive payments over the next two years for tagging their lambs with Canadian Sheep Identification Program (CSIP)-approved radio-frequency identification (RFID) tags. The program provides for a $3 per tag reimbursement for lambs born and tagged between December 2010 and November 2012.

The program is funded by Alberta’s $15 million Age-Verification Incentive Program to encourage the use of RFID tags in the province’s sheep industry.

The CSIP is a mandatory program that began in January of 2004. It currently only requires a CSIP-approved visual tag be applied to the animal before it leaves its flock of origin. However, the Canadian sheep industry appears committed to developing a national traceability system with value-added benefits for the producer.

Significant value-added benefits can only be realized through a modern electronics based identification system that allows for the full real-time utilization of information a good identification system can provide. This latest announcement is continuing verification that the Canadian sheep industry is committed to making this a reality for the Canada’s agriculture producers.

Sources for this post:

Zaccagna, Remo. “New traceability program for sheep, elk producers introduced.” Daily Herald Tribune. Grand Prairie, Alberta, Canada. Article ID#2993124. Accessed at http://www.dailyheraldtribune.com/ArticleDisplay.aspx?e=2993124 on March 10, 2011.

Canadian Sheep Federation 
Canadian Sheep Identification Program 

http://cansheep.ca/cms/en/Programs/CSIProgram/CSIProgram.aspx