AHDB Cattle and Sheep Weekly
01 September 2015
Further falls seen in the lamb trade
The GB liveweight lamb trade fell further in week ended 26 August, although the falls were not as sharp as those seen in previous weeks.
The GB SQQ was down by 2p on the week earlier at 143.7p/kg, despite a fall in the number of lambs coming to the market. This increases the difference, compared to the same period in 2014 to 21p. However, prices towards the end of the week increased for the first time since No Lamb Week, with those on Wednesday 26 August being 144.8p/kg – up 3p on the week.
The number of lambs coming to GB markets fell by three per cent on the week as producers appear to be continuing to hold on to lambs, possibly waiting for better prices. However, throughputs at markets were up by seven per cent compared to numbers seen a year earlier. The percentage of lambs falling within the SQQ weight band continued to fall, standing at 70 per cent during the week.
In the week ended 22 August the deadweight market began following the liveweight market again, after moving in the opposite direction in the previous week. The dw SQQ fell by 6p on the week to 335.3p/kg, as numbers were up by seven per cent. This led the difference compared to the same week in 2014 to increase to 41p/kg.
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