Eid supports lamb prices

Thursday, 15 July 2021

By Rebecca Wright

The upcoming Islamic festival of Eid-al Adha has continued to support demand this week. During the week ending 14 July the GB liveweight NSL SQQ stood at 251.21p/kg, up 0.95p on the week. On a seasonal basis prices have remained strong. Throughputs stand at 124,000 head for the week, up 10% week-on-week. Cull ewe throughputs were also strong at 66,000 head.

In the week ended 10 July the GB deadweight NSL SQQ rose 27.6p, to 546.4p/kg.

With most of the sourcing of lambs for Eid now over, although the festival is not until early next week, there is much anticipation of where lamb prices may go next. The number of lambs coming forwards over the past few months has been below our expectations. If and when these lambs make an appearance is a key question for many in the industry.

Image of staff member Rebecca Wright

Rebecca Wright

Senior Analyst - Red Meat

See full bio

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.

Visit the Keep in touch page

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.