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AHDB Cattle and Sheep Weekly

07 December 2015

AHDB Cattle and Sheep Weekly - 7 December 2015AHDB Cattle and Sheep Weekly - 7 December 2015

Liveweight and deadweight lamb prices continue to rise

The seasonal rise in the liveweight lamb trade continued in the past week, reaching its highest level since July.

In the week ended 2 December, the GB SQQ reached 162.4p/kg, a rise on the previous seven days of almost 6p. However, the difference compared to the same week in 2014 increased to 19p, following a 7p week on week increase in the same week last year. Prices were up on the previous week throughout the period, with the largest gains seen towards the end of the week. On Wednesday 2 December GB SQQ was up 6p at 163.0p/kg.

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Steady position resumes for cattle trade

In week ended 28 November the cattle trade continued its broad stability. At 343.9p/kg the GB average lost the minor amount of ground it gained last week.

For another week, this continues to provide evidence of the balance in the trade. The GB average has changed very little over the past six weeks. AHDB estimates suggest that overall the number of cattle coming forward was up around 500 head on the week earlier, playing a part in keeping the equilibrium just in processors favour.

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