Search our website enhanced by Google.
Lamb market monthly update – November 2022
Thursday, 5 January 2023
Prices
GB new season lamb prices showed recovery in November, following seasonal declines seen over the previous three months. Both liveweight and deadweight prices tracked below the equivalent weeks in 2021, but remained considerably above their respective five-year averages.
Costs
Margins for livestock farmers continue to be pressured as prices for key inputs remain at high levels. While the rate of input price inflation has eased slightly since August for fuel and feed according to the latest Agricultural Price Index data, there have been further increases in prices paid for fertilisers.
Production and trade
UK sheep meat production totalled 24,400 tonnes in November according to Defra figures, up marginally versus October but back 4% compared to November 2021. This was driven by trends in throughputs, although carcase weights were back on the month and year.
The latest lamb trade data for October showed diverging trends in imports and exports. Imports fell notably compared to September due to changes in shipments from New Zealand, while exports grew on the month.
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.
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.