New season lamb prices ease

Thursday, 23 July 2020

Prices for both live and deadweight new season lambs eased in the latest week, although market reports suggest demand is still good with the Muslim festival of Eid-al-Adha around the corner.

In the week ending 22 July, the GB liveweight NSL SQQ averaged 217.1p/kg, down 6.9p on the week. The measure is now 40p above the price during the same week last year. Total NSL auction mart throughputs came to 141,300 head, up 20,100 head on the week.

In the week ending 18 July, the GB deadweight NSL SQQ averaged 479.9p/kg, down 3.3p on the week. Lambs hitting R3L spec averaged 479.0p/kg, down 2.8p on the week. Both measures are around 65p above last year’s price during the same week. Estimated throughput at British abattoirs for the week totalled 205,700 head, down 20,300 head from the previous week.

Hannah Clarke

Analyst - Livestock

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