AHDB Cattle and Sheep Weekly
12 September 2016
Higher demand leads to liveweight lamb price rises
The price of liveweight lamb has risen in the past week as demand has risen due to both the “Love Lamb Week” campaign and the upcoming Muslim festival of Eid al Adha. In the week ended 7 September, the GB SQQ rose by 9p on the previous week to reach 183.8p/kg. This pushed prices to 31p above levels from the same period last year as prices this year were falling. This comes despite a large increase in the number of lambs being sold at market. This follows an increase in demand due to both the “Love Lamb Week” marketing campaign and in preparation for the Muslim Festival of Eid al Adha. The size of the increase seen declined as the week progressed. The smallest increase seen on Wednesday 7 September when the GB SQQ was up by 3p on the previous week at 180.8p/kg.
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