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Lamb Price Up in Supermarkets, Down on Farms

11 August 2015

UK – The proportion of lamb retail value going to farmers has slumped to 42 per cent, while retail prices have increased, says the UK’s levy board.

This has pushed the producer share of the retail value to the lowest point since 2008, according to the Agriculture and Horticulture Development Board (AHDB).

The AHDB said July saw the farm share slip eight per cent as farmgate prices continued to be hammered by weak domestic demand and lower exports.

An AHDB spokesperson said: “The retail price of almost all cuts were up compared to the previous month, with particularly large increases seen for double loin chops (up eight per cent, lion chops and whole legs (both up four per cent). Diced lamb was the only cut to fall in price on the previous month.

“Some cuts were cheaper than a year earlier, with large falls seen for diced lamb and lamb steaks, however double loin chops, whole legs and boneless shoulder were all up in price, with loin chops and cutlet chops at the same level.”

TheSheepSite News Desk

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