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Live and deadweight sheep prices rise

Thursday, 19 March 2020

In the week ending 18 March, the GB OSL liveweight SQQ continued its upward trend from the week before, rising by over 7p to average 250.04p/kg. Throughput stood at 139,900 head, up 28,200 head on the week. As shown by the throughput trade is flying at the moment, despite changes in the marts. Farmers are perhaps trying to sell before the country is further ‘locked down’ although marts are working hard to stay open.

In the week ending 14 March, the GB OSL deadweight SQQ jumped up, rising by 8.8p to average 539.7p/kg. This increase brings the price to over £1.20 above the same week last year and just under £1 over the five-year average. Estimated slaughter was up 9,600 head on the week at 217,800 head, despite the big jump in number this week, numbers are still down on the same point last year.

Cull sheep have done well in the week ended 18 March too, auction market throughput has increased 25% to 38,800 head and the average price has reached £109.69 per head an increase of over £18 on the previous week.

Jennie Tanner

Analyst - Dairy & Livestock

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