AHDB Cattle and Sheep Weekly
01 August 2016
Lamb prices continue to decline
Liveweight lamb prices have continued to decline in the past week as higher numbers have been coming to the market.
The price of liveweight lambs at GB auction markets continued to fall in the past week, with the GB SQQ down by 7p on the previous week at 181.8p/kg. This means that prices remain 37p higher than the same week last year, as prices fell by a similar amount in 2015. Prices have fallen throughout the week, with prices on Wednesday 27 July falling by 7p to 178.2p/kg. Prices have been following their normal trend for this time of year and fallen as numbers of lambs coming to the market have risen in the past week. The continuing weakness of the pound against the euro has kept prices above the levels from this time last year.
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