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Increasing supplies leading to lamb prices falling in Great Britain
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<blockquote data-quote="Agriland RSS" data-source="post: 7631695" data-attributes="member: 105608"><p>Written by Michael Geary from Agriland</p><p></p><p>Both liveweight and deadweight lamb prices in <a href="https://www.agriland.ie/farming-news/exports-of-sheepmeat-from-the-uk-down-18-in-april/" target="_blank">Great Britain</a> (GB) are witnessing sharp falls – similar to what is being seen at home here.</p><p></p><p></p><p></p><p>The sharp fall-off in prices is coming down to the ever-increasing supply of lambs – as is typically the case this time of the year.</p><p></p><p></p><p></p><p>Even though prices in GB had been slipping over the last few weeks, a sharp drop has been seen over the past week.</p><p></p><p></p><p></p><p>According to the Agriculture and Horticulture Board (<a href="https://ahdb.org.uk/" target="_blank">AHDB</a>), for the week ending June 23, the new season lamb (NSL) standard quality quotation (SSQ) fell by nearly 43p on the previous week – to 255.81p/kg.</p><p></p><p></p><p></p><p>In saying this, prices are still well ahead compared to the same week last year (stronger by 29p/kg).</p><p></p><p></p><p></p><p>The biggest fall in prices came towards the end of this period, with prices on Wednesday (June 23) down 57p on the week to 230.58p/kg.</p><p></p><p></p><p></p><p>As mentioned already, prices are coming back as supplies continue to increase.</p><p></p><p></p><p></p><p>The AHDB said that the number of lambs coming to market this past week was 8% higher than both the previous week and the same week as last year – standing at 97,700 head.</p><p></p><p></p><p></p><p><span style="font-size: 18px"><strong>Deadweight GB lamb prices</strong></span></p><p></p><p></p><p></p><p></p><p>Similarly, deadweight prices in GB have fallen sharply. For the week ending June 19, the GB NSL SQQ fell 31p to 634.5p/kg.</p><p></p><p></p><p></p><p>Although prices are still ahead of the same time last year – by 166p/kg, the AHDB added.</p><p></p><p></p><p></p><p>Again, a ramping up of supplies is inserting downward pressure on prices.</p><p></p><p></p><p></p><p>The post <a href="https://www.agriland.co.uk/farming-news/increasing-supplies-leading-to-lamb-prices-falling-in-great-britain/" target="_blank">Increasing supplies leading to lamb prices falling in Great Britain</a> appeared first on <a href="https://www.agriland.co.uk" target="_blank">Agriland.co.uk</a>.</p><p></p><p><a href="https://www.agriland.co.uk/farming-news/increasing-supplies-leading-to-lamb-prices-falling-in-great-britain/" target="_blank">Continue reading on the Agriland Website...</a></p></blockquote><p></p>
[QUOTE="Agriland RSS, post: 7631695, member: 105608"] Written by Michael Geary from Agriland Both liveweight and deadweight lamb prices in [URL='https://www.agriland.ie/farming-news/exports-of-sheepmeat-from-the-uk-down-18-in-april/']Great Britain[/URL] (GB) are witnessing sharp falls – similar to what is being seen at home here. The sharp fall-off in prices is coming down to the ever-increasing supply of lambs – as is typically the case this time of the year. Even though prices in GB had been slipping over the last few weeks, a sharp drop has been seen over the past week. According to the Agriculture and Horticulture Board ([URL='https://ahdb.org.uk/']AHDB[/URL]), for the week ending June 23, the new season lamb (NSL) standard quality quotation (SSQ) fell by nearly 43p on the previous week – to 255.81p/kg. In saying this, prices are still well ahead compared to the same week last year (stronger by 29p/kg). The biggest fall in prices came towards the end of this period, with prices on Wednesday (June 23) down 57p on the week to 230.58p/kg. As mentioned already, prices are coming back as supplies continue to increase. The AHDB said that the number of lambs coming to market this past week was 8% higher than both the previous week and the same week as last year – standing at 97,700 head. [SIZE=5][B]Deadweight GB lamb prices[/B][/SIZE] Similarly, deadweight prices in GB have fallen sharply. For the week ending June 19, the GB NSL SQQ fell 31p to 634.5p/kg. Although prices are still ahead of the same time last year – by 166p/kg, the AHDB added. Again, a ramping up of supplies is inserting downward pressure on prices. The post [URL='https://www.agriland.co.uk/farming-news/increasing-supplies-leading-to-lamb-prices-falling-in-great-britain/']Increasing supplies leading to lamb prices falling in Great Britain[/URL] appeared first on [URL='https://www.agriland.co.uk']Agriland.co.uk[/URL]. [url="https://www.agriland.co.uk/farming-news/increasing-supplies-leading-to-lamb-prices-falling-in-great-britain/"]Continue reading on the Agriland Website...[/url] [/QUOTE]
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