AHDB Cattle and Sheep Weekly
15 February 2016
Liveweight lamb trade strengthens further
The liveweight lamb trade has continued to strengthen in the past week with the difference compared to levels seen a year earlier falling to their lowest level since September. The GB SQQ was up by 9p compared to the previous week at 190.1p/kg in the week ended 10 February, reducing the difference compared to the previous year to less than a penny lower.
Prices were up throughout the week. However, the level of the rise had declined to just 1p by Wednesday 10 February at 185.3p/kg. The factors behind the rise continue to be the weakening of the pound against the euro and a fall in the number of lambs sold at auction compared to the same week in 2015.
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