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AHDB Cattle and Sheep Weekly

19 September 2016

AHDB Cattle and Sheep Weekly - 19 September 2016AHDB Cattle and Sheep Weekly - 19 September 2016

Upwards pressure on cattle prices still clear

As the supply and demand balance continues to favour producers, deadweight cattle prices came under further upwards pressure in the week ended 10 September, with an increase of 3p in the GB prime cattle average price to 353.0p/kg. This was a similar increase to that seen in all but one of the past six weeks or so, in a welcome change to most of the year the average price has firmly settled above last year’s level.

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Liveweight lamb prices fall as demand returns to normal

The price of lambs on liveweight markets has declined in the past week despite a fall in supplies as demand has begun to return to normal levels.

In the week ended 14 September the GB SQQ was down by 4p on the previous week at 179.6p/kg. This left prices 28p higher than the same period in 2015. Prices have been falling despite a decline in the number of throughputs at auction markets. This is due to demand for lamb falling to more normal levels following both the “love lamb week” marketing campaign and the Muslim Festival of Eid al Adha which led to higher demand in the previous week. The largest weekly falls were seen towards the end of the period, with the GB SQQ on Wednesday 14 September down by 7p on the week at 174.3p/kg.

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