Welcome to the AHDB Beef & Lamb Market news section.

The aim of the Market news section is to share market information and provide greater insight and analysis on market developments and industry issues in the beef and sheep meat sector.

Animal Plant and Health Agency (APHA) cleaning up sheep records

The Animal Plant and Health Agency (APHA) is about to embark on a data cleanse exercise where records of sheep and goat keepers in England will be reviewed for accuracy. This is a significant undertaking which will involve examining over 110,000 records with the explicit aim of ensuring each record held has the correct information and any records that are no longer needed are closed.…

Uruguay beef update: high live exports last year to impact next years production

Uruguay is definitely not one of the largest beef producers in the world, but does export a significant percentage of its production. The country is in the top ten exporters, and ships out a similar volume of beef as Canada. The majority of exports are of frozen boneless beef. In the year-to-date Uruguayan total beef* exports have increased 7%, to 318,800 tonnes, according to data…

Higher Q3 beef registrations could drive up production in 2021

The latest data shows: Overall, Q3 calf registrations flat on the year Over 10,000 more beef calves registered in Q3 compared to last year September recorded a 2% increase in registrations During Q3 this year, GB cattle registrations totalled 608,800 head, according to the latest data from BCMS. This is only 50 head more than the same period last year. Cows were likely to have…

EU beef update: lower demand drives exports despite lower production

Production of beef in the EU was 5.13 million tonnes in the year to August, according to data from Eurostat. This is a fall on last year of nearly 1.5%, or 74,000 tonnes (cwe). 17.2 million cattle were slaughtered in the period, a fall of 2%. The drop might have been greater had live animal exports not fallen nearly 13% (89,000 head). Imports of fresh/frozen…

Liveweight lamb prices jump above last year

GB liveweight lamb prices for the week ending 6 November have jumped across the board, with the SQQ reaching 177.8p/kg, up 9p week-on-week. This now puts the price nearly 12p above the five-year average and 8p up compared to the same week in 2018. The cull ewe price also recorded an increase week-on-week, to average at £57.28/head. Auction market throughput for lambs reached 110,200 head,…

Overall GB cattle price down slightly, in spec cattle fare better

The overall prime cattle price fell again in the week ending 2 November, to £3.21/kg. R3 and R4L heifers and steers continued to trade at a sizeable premium to those out of grading brackets last week. There were modest price increases for R3 steers (+0.6p), R4L (+0.2p) steers, and R3 heifers (+2.4p).   Industry reports suggest that there is a lack of cattle meeting the…

Asian beef market – quarter three 2019

Much of the focus on the Asian beef market has been on China recently. However, many other Asian nations are also important for the global market. You can read about the impact African Swine Fever in China is having on global beef and lamb prices here, and about how China is increasing its beef imports here. After China, Japan, South Korea, Indonesia, and Singapore are…

Reductions in average farm business income across livestock sectors

Defra has now released the most recent set of accounts for Farm Business Income in England. As an overview, livestock has seen a considerable decline in profitability across red meat and dairy. The report also outlines the large reliance on BPS payments for many farms. As well as a variety of economic factors, challenging weather conditions also contributed towards the general decline across livestock sectors.…

Australia beef herd contracts as slaughter figures rise

The Australian cattle herd is currently in a period of contraction, according to MLA’s most recent industry projections. This has been due to ongoing herd liquidation with adult cattle slaughter figures predicted to reach 8.4 million head during 2019 up from 7.9 million head the previous year. The percentage of female cattle slaughter has also increased on previous years to reach 54% based on a…

Liveweight lamb prices tick up

The GB liveweight SQQ rose by 5.1p on the week ended 30 Oct to average 168.75p/kg. This is 1.64p above the price last year and 7.2p above the 5 year average. Auction market throughput reached 100,800 head, 3,800 head less than last week. Cull ewe throughput remains high, at 43,700 head, 5% higher than last week and last year. In contrast, the GB deadweight SQQ…

Bumper grain crop leads to increased exportable surplus this season: Feed market report

Grains The preliminary harvest figures for wheat and barley were released earlier this month by Defra. The first Defra crop production estimates have barley and wheat at 8.18Mt and 16.28Mt respectively. Opening stocks of wheat were 11.2% higher than last season, added to the bumper harvest, means availability of wheat is much greater this season. A greater supply of cereals on the market will keep…

Red meat GB retail sales struggle on

After a few positive periods of lamb demand, during the 12 weeks ending 6 October GB retail sales of lamb declined 2.5% year-on-year in volume. Beef volume sales however, were reasonably stable, up 0.5%. Beef and lamb were not alone in facing pressure, with pig meat sales down 3.8% in volume and 2% in value. Lamb Reflecting the decline in total lamb, fresh and frozen…