Lamb prices start the year strongly

Thursday, 9 January 2020

In something of a repeat of 2019, sheep prices started the year strongly in 2020. During the week ending 4 January, the GB deadweight OSL SQQ averaged 450.1p/kg, 12.1p higher than where last year’s price closed. Compared to the five-year average, the quote stands more than 40p higher. The market for cull ewes is also particularly buoyant, with prices in the week around £80/head. Industry reports suggest demand for lambs is currently outstripping supply, supporting the cull price.

Estimated clean sheep slaughterings for the week were recorded at 182,200 head, down 7.5% year-on-year, and not yet back at more normal weekly levels.

In the week ending 8 January, the GB liveweight OSL SQQ stood at 208.66p/kg. Auction market throughputs for the week totalled 119,100 head, as the trade gets back into the swing of things after Christmas.


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

More Lamb market news

Topics:

Sectors:

Tags: