Search our website enhanced by Google.
Liveweight lamb prices bounce back, while deadweight slips
Thursday, 5 March 2020
By Rebecca Wright
Following the previous weeks decline, liveweight prices bounced back this week. During the week ending 4 March, the GB OSL liveweight SQQ increased 3.5p, to 238.39p/kg. Prices continue to trend well above average. Throughputs for the week totalled 107,000 head, up week-on-week by 5,000 head.
The continued challenging weather situation is encouraging numbers forwards, according to industry reports. Other industry reports suggest New Zealand lamb intended for the Chinese market is now heading our way. It will still be several weeks until the boats dock here. There is some doubt as to how much lamb is likely to actually appear on the European market, as reports from across different industries suggest the global shipping market is currently clogged up with little movement due to the on-going coronavirus situation in China.
Meanwhile, the GB deadweight market reflected the previous week’s liveweight market. The GB deadweight SQQ slipped almost 2p in the week ended 29 February, to 530.3p/kg. Despite this, price remains the highest level on record for the time of year and is around a £1 above the 5 year average.
GB estimated kill for the week stands at 195,500 head, up 10,000 head week-on-week. However continuing the trend recorded through February, numbers are down year-on-year.
Sign up for regular updates
You can subscribe to receive Beef and Lamb market news straight to your inbox. Simply fill in your contact details on our online form.
While AHDB seeks to ensure that the information contained on this webpage is accurate at the time of publication, no warranty is given in respect of the information and data provided. You are responsible for how you use the information. To the maximum extent permitted by law, AHDB accepts no liability for loss, damage or injury howsoever caused or suffered (including that caused by negligence) directly or indirectly in relation to the information or data provided in this publication.
All intellectual property rights in the information and data on this webpage belong to or are licensed by AHDB. You are authorised to use such information for your internal business purposes only and you must not provide this information to any other third parties, including further publication of the information, or for commercial gain in any way whatsoever without the prior written permission of AHDB for each third party disclosure, publication or commercial arrangement. For more information, please see our Terms of Use and Privacy Notice or contact the Director of Corporate Affairs at info@ahdb.org.uk © Agriculture and Horticulture Development Board. All rights reserved.