GB liveweight lamb prices soften, deadweight prices strengthen further

Thursday, 20 May 2021

In the week ending 19 May, liveweight lamb prices lost ground. The NSL SQQ averaged 325.49p/kg, 17.5p lower than a week earlier. The OSL SQQ averaged 271.56p/kg, 19p lower than the week before. Retail prices in the 12 weeks to 18 April have risen by approximately 4% year on year, compared with a rise in farmgate prices of more than 25% over the same period.

Auction market throughputs totalled 79,300 head, 32% lower than the same week a year ago.

 

In contrast, deadweight lamb prices rose in the week ending 15 May.

Overall deadweight old season lamb carcases achieved an average of 663.3p/kg, more than 10p higher than the week before. New season lamb carcases fetched an average of 724.2p/kg, 34p more than the week before. Reports suggest some retailers are baulking at these prices and we should consider the possibility that they could reduce orders.


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. 

Topics:

Sectors:

Tags:

×