GB lamb prices ease

Thursday, 20 January 2022

In the week ending 19 January, the GB liveweight OSL SQQ averaged 263.22p/kg, down over 5p from the week before. The measure is still nearly 9p above the price recorded for the same week a year ago.

A steadier trade was reported from many centres, with heavier lambs seeing the largest declines in our overall GB sample. Industry reports suggest that domestic demand is sluggish as consumers feel the post-Christmas pinch.

Total lamb throughputs at GB auction marts were estimated to be 93,900 head, 11% lower than the week before, and 10% lower than the same week a year ago.

On the deadweight front, in the week ending 15 January, the average GB OSL SQQ measure eased by 13p from the week before to average 601.1p/kg. Despite the fall, the measure was still 32p above the same week a year ago.

Lamb kill was estimated to be 192,200 head for the week, down 1% from the week before but down 9% from the same week a year ago.

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