AHDB Cattle and Sheep Weekly
21 November 2016
Lower lamb prices
Lamb prices have fallen in the past week despite a fall in the number of lambs coming to the market, as the pound has strengthened in the past week.
In the week ended 16 November, the GB SQQ at liveweight markets declined by 5p compared to the previous week. This left prices just 6p higher than the same week in 2015 following an increase seen at this time last year. This is likely to be due to lower demand and a strengthening in the value of the pound over the past week, as the number of lambs coming to markets has fallen in the past week. Declines were seen throughout the period, with the largest falls seen towards the end of the period, the GB SQQ on Wednesday 16 November was down by 5p at 157.9p/kg.
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