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Seasonal pressure on lamb prices continues
Thursday, 4 August 2022
In the week ending 3rd August, the GB NSL liveweight SQQ dropped slightly to average 243.88p/kg, down 4.36p from last week. Reports indicate that well covered animals were still commanding plenty of interest and the best prices, but lighter, less-finished animals weighed on averages.
Throughput was estimated at 80,759 head for the week (NSL + OSL), down 19% on last week following the drop in trade the week before, and 21% down on the same week last year.
An estimated 48,344 cull ewes were sold at auction, 1% up on the same week last year, with prices averaging £90.17/head.
The GB deadweight NSL SQQ lost 48p on the previous week to average 574.5p/kg in the week ending 30th July. Despite this drop, prices are still running at 9p above last year, and 113.9p above the 5-year average. An estimated 184,600 lambs were processed during the week, up 10% on last week. This is however still 18% back when compared with the same week last year.
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