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AHDB Cattle and Sheep Weekly


24 October 2016

AHDB Cattle and Sheep Weekly - 24 October 2016AHDB Cattle and Sheep Weekly - 24 October 2016


Falls seen for both live and deadweight lamb

The price of lamb at GB liveweight markets has fallen further in the past week, despite the pound continuing to weaken and throughputs being lower, suggesting that demand for sheep meat has fallen. In the week ended 19 October, the GB SQQ fell by 6p compared to the previous week to 160.1p/kg. This left prices 17p higher than the same week in 2015, as prices at this time last year were stable. Prices fell throughout the periods, with the largest declines seen towards the end of the period. On Wednesday 19 October, the GB SQQ fell by 10p to 154.5p/kg.

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Cattle trade finely balanced

In week ended 15 October, deadweight cattle prices generally levelled. At 32,000 head, AHDB estimates suggest that the number of cattle processed was up 500 head on the week, possibly taking the edge off trade a little. The GB prime cattle average price was back almost a penny on the week earlier at 350.3p.kg. It has now lost over 4p in the past fortnight.

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