Lamb prices decline

Thursday, 11 June 2020

By Rebecca Wright

Liveweight prices continued to follow the seasonal trend this week. In the week ended 10 June, the GB liveweight NSL SQQ fell by 4p, to 234.22p/kg. The old season lamb SQQ also dropped. Throughputs for the week totalled 104,400 head, up 3,500 head week-on-week.

During the week ending 6 June, the GB deadweight NSL SQQ slipped 35.1p, to 491.6p/kg, although prices continue to be above year earlier levels by around 19p. Week-on-week price declines would be expected at this time of year as the number available for kill increases. Industry reports suggest a mix of trends within prices, with some lambs coming forwards under finished, weighing on the average values.

Rebecca Wright

Analyst - Red Meat

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