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AHDB Cattle and Sheep Weekly

25 April 2016

AHDB Cattle and Sheep Weekly - 25 April 2016AHDB Cattle and Sheep Weekly - 25 April 2016

More pressure for the prime cattle trade

The cattle trade once again came under pressure, continuing to demonstrate that processors remain firmly in the driving seat. In week ended 16 April the GB prime cattle average price was back another 3p on the week earlier at 313.4p/kg. It has now fallen more than 20p/kg since the start of the year. R4L steers and heifers both came back 3p on the week to average 324.1p/kg and 324.4p/kg respectively. In contrast, young bulls regained some of the ground that they lost the week earlier, gaining 6p to average 296.9p/kg.

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Stability in the liveweight lamb market

The price of old season lambs at GB liveweight markets has stabilised in the past week, following the falls seen in the previous seven days.

The old season GB SQQ fell by less than a penny to leave prices at a similar level to the previous week at 181.5p/kg. However, with prices falling in the same week in 2015, this led the gap between the years to narrow, leaving prices just 3p below levels from 2015. Prices began the week above levels from the previous week but by the end of the period they had fallen behind, with the GB SQQ on Wednesday 20 April falling 5p on the week to 175.8p/kg. Prices have remained stable, despite numbers coming to market increasing suggesting that demand has improved in the past week.

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