Deadweight Lamb prices rise further, while liveweight prices decline

Thursday, 25 March 2021

By Charlie Reeve

Deadweight lamb prices rose further again this week, up by 4.5p to total 638.6p/kg for the week ending 20 March. Prices are currently up by 87.2p on the same week of the previous year and 170p higher than the five-year-average.

Total throughputs for the week ending 20 March are estimated at 187,600 head, up 5% on the previous week but down 13% compared to the same week a year ago. For the year to date, total throughput is down 10% compared to 2020 levels reflecting the tight supply of lambs coming forward.

In the week ending 24 March, the Liveweight OSL SQQ price dropped back by 6.8p on the week to average 282.87p/kg. Prices are currently up 62p when compared to the same week in 2020.

Throughputs at British auction markets for the week totalled 102,400 head, down 6,300 head (-6%) on the previous week.

Cull ewes averaged £95.20/head, an increase of 71p on the previous week. Cull ewe throughput totalled 30,800 head for the week.

Charlie Reeve

Analyst - Livestock

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