Lamb prices even higher

Liveweight lamb prices have continued to strengthen in the most recent week. Having fallen last week, this week prices gained back what was lost, and more.

In the week ended 24 November the GB liveweight NSL SQQ rose by 4.4p to stand at 269.57p/kg. Throughputs slipped 3% week-on-week, to 117,000 head.

Liveweight lamb prices have continued to strengthen in the most recent week. Having fallen last week, this week prices gained back what was lost, and more. In the week ended 24 November the GB liveweight NSL SQQ rose by 4.4p to stand at 269.57p/kg. Throughputs slipped 3% week-on-week, to 117,000 head.

 

By Rebecca Wright / AHDB

Calls for £6.12/kg dead as markets see lamb prices rocket

A 20-30p/kg jump in liveweight lamb values has prompted calls for processors to offer more than £6/kg for lambs to secure volume.

Store lamb buyers will take heart from the early November rise after spending £85-£90 a head on long-term store lambs.

Many say the strong trade is “supply driven”, following a 9.4% reduction in sheep numbers in anticipation of Brexit, leaving breeding females at an eight-year low of 15.3-million head.

Carlisle’s SQQ hit 301p/kg on Monday (9 November), with Ross, Ludlow and Skipton among centres to see trade pass 280p/kg.

Livestock agent Stephen Kirkup said meat firms were short-staffed and had been very “hand-to-mouth” all autumn, with very little surplus in the chillers.

Mr Kirkup said: “I’d say the supply isn’t there, because good prices usually see farms selling more the week after, toppling the market – that hasn’t happened this autumn.”

A tail-end show of lambs achieved an SQQ of 281.1p/kg at Rugby on Monday (8 November), with the region’s supply currently seeing breeders’ lambs drying up and store lambs in limited numbers.

 

 

 

by Michael Priestley / Farmers Weekly