Thanks for sharing, thats a pretty comprehensive insight from a non farmer.
David. As you say, lamb prices are going up and up. I'm very much like an international pop star in that I have a very poor grasp of what lamb cost at the butchers because I never buy any. Last summer Mrs Sheepish was trying to kick start a local farmers market and sold some of our lamb. We had to price up the joints and I was amazed at how much it sells for in a supermarket. My understanding is that as China and India get wealthier they are buying up more lamb. That might be from New Zealand rather than the UK, but the lack for New Zealand lamb in Europe then pushes up the prices here. I'm very un-commercial because it really is a hobby for me, but reckon on about £35 profit per lamb. It can make you a living if you have enough land. Would it pay the mortgage on a farm you buy? Probably not. But then nothing will really. You also have to factor in the complex world of subsidies but I'd still think it's a very hard way to eek out a living if you don't get a farm handed down to you from your parents.
The only bit of a pig that the dog might see are the lungs. I can use some lung. But a lot of lungs I struggle with. Everything else though, yep, eaten. If I can find some in Cardiff on Friday I'll buy some faggots, if nothing else to give American readers a giggle. They would be the traditional Welsh way to use up the squidgy bits from a pig.
Don't want to scaremonger at all, but in our area because of the price of lamb, rustling has reared its ugly head and has shown a dramatic increase this last year or so. Are things ok in your part of the world?
BTW, you get about a bit restaurant wise, how do you think your home grown product compares taste wise?