AHDB Cattle and Sheep Weekly
02 November 2015
AHDB Cattle and Sheep Weekly - 2 November 2015
Notable pressure on prime cattle prices
With no real change in the dynamics of the market and processors more than comfortable with supplies on offer, cattle prices came under some pressure in the latest week.
AHDB estimates suggest that in week ended 17 October throughputs were still trending lower than in the corresponding week last year. However, demonstrating the balance in the market, they were virtually unchanged on the previous week, yet the GB all prime deadweight average still came back 3p to 344.8p/kg. Having fallen below year earlier levels in the previous week, this week’s price fall widens the year-on-year gap to around 5p/kg as prices were steadily edging up at this time last year.
Live and deadweight lamb markets show stability
The liveweight lamb trade has been relatively stable in the past week, following the falls seen in the previous week.
In the week ended 21 October the GB SQQ was the same level as a week earlier at 142.7p/kg. Despite the trade remaining stable, higher weekly prices in the same week last year have led this year’s price to fall to 12p lower than 2014. Prices began the week below levels seen seven days earlier but in more recent days, despite prices staying at about the same level, they have moved above those from the previous week, when they were falling. Prices on Wednesday 21 October were at 142.2p/kg, 4p higher than the previous week.
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