To date market predictions for the new season have been notably absent as all players in the industry grapple with market uncertainty and currency possibilities.
With this lack of forward pricing information I would stress to farmers to concentrate on what you can control. That will be the on-farm production disciplines to produce the best lambs aligned to market requirements in a timeframe to meet your sales plan.
Worrying about factors beyond your control is a waste of your productive time. There are plenty of people who you are paying in one shape or form to do that on your behalf.
B&L have released their new market development proposal, which was formulated with input from all sectors of the industry.
This collaborative approach is to be applauded and the content focuses B&L's role more to new market development, while leaving the meat companies to focus on existing markets.
This approach defines clear participant roles, avoiding duplication and overlapping of responsibilities.
While gaining widespread industry support, I feel it will be vital that B&L have robust mechanisms in place to monitor and report to farmers outcomes from this new proposal.
Farmers need to demand more transparency on the returns on their levy money spend.
Brexit is, and will continue to, receive plenty of attention. There are lots of unknowns, but plenty we should all be thinking about.
- Rick Powdrell is chairman of Federated Farmers national meat & fibre