GB lamb prices strengthen

Thursday, 3 December 2020

Both liveweight and deadweight GB lamb prices rose in the latest week.

In the week ending 2 December, the GB liveweight NSL SQQ rose by 2.4p to average 216.2p/kg. The measure continues to run well above historic prices, being up 22.6p on last year’s price and up 40.6p on the five-year average.

Estimated throughput at British marts was just under 135,000 head, up 4% on the week, and up 6% on the same week last year.

On the deadweight front, the GB NSL SQQ enjoyed a weekly jump of 11.7p to average 473.9p/kg in the week ending 28 November. This puts the measure 50.6p above that of the same week last year, and 82.1p above the five-year average.

Estimated slaughter at British abattoirs was 270,000 head, up 2% on the week but down 8% on the same week last year.

Clean sheep slaughter since the beginning of June had been running ahead of last year, such that at the end of August about 270,000 head more had been killed this year than last. Since then however, slaughter has been behind year earlier levels, to the point where the kill since the start of June is now only 70,000 head more than in 2019. The 2020 lamb crop is thought to be of a similar size to the 2019 crop.

Hannah Clarke

Analyst - Livestock

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