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AHDB Cattle and Sheep Weekly

28 November 2016

AHDB Cattle and Sheep Weekly - 28 November 2016AHDB Cattle and Sheep Weekly - 28 November 2016

Another cagey week in the cattle trade

In week ended 19 November, the GB all prime deadweight cattle average price was unchanged on the week earlier at 349.8p/kg. As demand remains in a robust position ahead of Christmas, this stability comes despite AHDB estimates indicating 300 head more prime cattle were marketed than in the previous week. While the evolution of price suggests stability in the trade over the past couple of weeks or so, it is worth pointing out that the market is still open for some solid negotiation. Producers with the right number of in-spec cattle that fit their processors precise requirement are once again best placed to take advantage of this.

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Lamb prices rise as the Christmas demand begins

Liveweight lamb prices have begun to rise in the past week following a decline in the number of throughputs, while demand has begun to rise in the build up to the Christmas period. In the week ended 23 November, the GB SQQ rose by 10p compared to the previous week at 171.6p/kg. This left prices 15p higher than the same period in 2015 following more modest rises at this time last year. This follows a rise in demand as the Christmas procurement period has begun, while the number of throughputs has started to fall.

Prices increased throughout the week, with the largest rise seen on Wednesday 23 November, when prices were 14p higher than the previous week at 171.7p/kg.

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