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Liveweight lamb prices slip but still strong
Thursday, 18 November 2021
By Rebecca Wright
After rocketing up last week, liveweight prices dropped back slightly this week, although they remain high compared to a fortnight ago. In the week ended 17 November the GB liveweight NSL SQQ slipped 3.9p, to 265.17p/kg. The quote remains more than 55p higher than at the same point last year.
Strong prices last week encouraged numbers forwards, but with prices slipping so did throughputs at auction markets. In total 121,000 head came forwards, 10% fewer than last week, but this was still noticeably more than during other recent weeks.
Meanwhile, deadweight prices reflected the previous liveweight week’s price developments. In the week ended 13 November the GB deadweight NSL SQQ jumped up to very near the £6/kg mark, to stand at 597.4p/kg.
Reflecting the increase in liveweight numbers last week, the estimated kill increased 12% week-on-week to 247,000 head. This was however some 46,000 head below the same week last year.
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