09 Oct 2020
Finished lambs drop back, but still remain up on last year
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In the week ending 7 October, the GB liveweight NSL SQQ averaged 196.96p/kg, down 0.85p on the previous week. Despite this minimal decrease, prices still remain up by in excess of 29p/kg compared to this time last year.
The gap remains tight between prices for store lambs and finished lambs. The potential re-closure of parts of the food service sector in some regions will make levels of demand an interesting watchpoint for the weeks ahead.
GB deadweight prices have dropped back notably on the week with the SQQ averaging 450.7p/kg for the week ending 3 October, down by 12.2p week-on-week.
Reports have suggested that harsh weather in many regions is limiting the quality of some of the stock coming forward.
by Charlie Reeve
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