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AHDB Cattle and Sheep Weekly

15 February 2016

AHDB Cattle and Sheep Weekly - 15 February 2016AHDB 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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