AHDB Cattle and Sheep Weekly
08 March 2016
Further increases seen in liveweight trade
The liveweight lamb trade strengthened further in the past seven days despite numbers coming to market increasing.
In the week ended 2 March the GB SQQ reached 187.1p/kg, up 2p on the previous week. However, larger increases seen in the same period last year meant that current prices have moved to 8p lower than the same week in 2015. Prices did begin to stabilise towards the end of the week, with the GB SQQ on Wednesday 2 March up by just 1p. Prices have risen despite higher numbers of lambs coming to the market and the pound stabilising against the euro in the past week, suggesting that domestic demand has increased.
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