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AHDB Cattle and Sheep Weekly


30 November 2015

AHDB Cattle and Sheep Weekly - 30 November 2015AHDB Cattle and Sheep Weekly - 30 November 2015


Cattle trade stability tested

The air of despondency that has characterised the cattle trade in terms of prices appears to have changed in week ending November 21.

The prime cattle average price moved up almost a penny on the previous week to average 344.2p/kg. This was on the back of modestly higher prices across the board for all categories of prime cattle. The overall steer average moved up to 346.1p/kg, recording its third consecutive week on week increase. The heifer average moved up a penny and prices continue to fluctuate somewhere in the mid 340p/kg range. However, heifers meeting R4L specification reached 355.9p/kg, regaining the ground they lost over the previous fortnight. The overall young bull average moved up a penny to 320.2p/kg.

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Lamb prices continue to rise

Despite declines being seen at the beginning of the week, the liveweight lamb trade has rallied more recently to finish the week averaging above the previous seven days.

In the week ended 25 November, the GB SQQ was up by over a penny on the previous week to average 156.5p/kg. This meant the difference compared to the same week in 2014 remained at 19p, following a similar increase at the same time last year. This rise comes despite prices falling at the beginning of the week, as the trade strengthened towards the end of the week, with the GB SQQ on Wednesday 25 November being at 156.8p/kg, up 4p on the week.

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