Mixed bag for GB lamb prices

Thursday, 5 November 2020

In the week ending 4 November, the GB NSL liveweight SQQ price jumped by over 10p to average 209.55p/kg. The measure currently stands at nearly 32p above last year’s price and nearly 42p above the five-year average for the time of year.

Total lamb throughput at British auction marts during the week was estimated to be 129,600 head, up an impressive 24% on the week and up 18% on the same week last year.

Reports suggest trade has been buoyed ahead of the second national lockdown in England, (in force as of today - 5 Nov). During the first lockdown we saw an increase in retail demand, as more people were cooking at home instead of eating out. For lamb, takeaways also helped sales, which could be important during the second lockdown.

The picture was less positive on the deadweight front. In the week ending 31 October, the GB NSL deadweight SQQ price slipped by 5p on the week to average 436.1p/kg. Despite this, the measure is still 59p above the same week last year. Estimated slaughter at British abattoirs stood at 246,800 head, down 8% on the week, and down 10% on the same week last year.

Image of staff member Hannah Clarke

Hannah Clarke

Analyst - Livestock

See full bio


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

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. 

Topics:

Sectors:

Tags:

×