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.

Latest EU medium term outlook published

The latest medium-term outlook has now been published by the EU, projecting trends towards 2030. Global meat demand is expected to increase due to a combination of both world population and income growth. World meat consumption is projected to grow by 14% between 2017 and 2030. Though this has positive implications for the industry, the picture for individual sectors is mixed. Higher global meat demand…

Dairy cross beef calf numbers show no sign of slowing

There have been fewer dairy breed young cattle registered in recent months, as recorded in the latest cattle population data from the British Cattle Movement Service., which indicates higher prime beef supplies could be available in 2018. In part, this could perhaps be due to an increase in the number of dairy cows being put to beef bulls, producing a dairy cross calf. These calves…

2017 lamb crop larger than initially thought

The UK sheep flock at 1 June 2017 increased by 3% year-on-year to 34.8 million head, according to the final results of the June survey released by Defra. The provisional results were released in October by Defra. The final results report a 3% increase year-on-year in lamb numbers on farm whereas the provisional results reported a 2% lift. The final breeding flock size was a…

New Zealand beef production year gets off to a strong start

New Zealand beef production in November 2017 totalled 56.8 thousand tonnes, 14% more than the same month in 2016, according to the latest data from the Ministry of Primary Industries in New Zealand. Beef production in New Zealand for the 2016/17 production year (which starts in October) ended at 633 thousand tonnes, 5% less than the 2015/16 production year. Beef & Lamb NZ have forecast…

Sheep prices receive an upwards boost

During the week ending 20 December, the liveweight GB NSL SQQ increased by around half a penny on the previous week, to 177.45p/kg. The measure is currently 5.18p above year earlier levels. Overall throughputs for the week totalled 137.2 thousand head, 10% higher than the previous week. This is potentially due to the weather conditions last week putting downwards pressure on throughputs and therefore some…

Sheep meat production in the year to date behind year earlier levels

In November, UK sheep meat production totalled 25.1 thousand tonnes, 3% (0.8 thousand tonnes) more than the previous month, according to the latest data from Defra. Sheep meat production so far this year now totals 258.3 thousand tonnes, 1% lower year-on-year. The number of clean sheep coming forwards fell by 7% (88.8 thousand head) year-on-year, standing at 1,131.1 thousand head, although this is a 3%…

UK beef imports increase

Between January and October UK beef imports were recorded at 223.4 thousand tonnes, according to the latest data from HMRC. In comparison to the same period last year, this is an increase of 4% (9 thousand tonnes). Total UK beef imports during October were 24.6 thousand tonnes, 9% (2 thousand tonnes) more than the same month last year. Beef imports from Ireland remained steady in…

Producer’s share of retail price rise year-on-year during November

The producer’s share of the retail price, for both beef and lamb, increased during November. In November, the producer’s share of the lamb retail price rose by almost two percentage point on the previous month, to 47.6%; the first month-on-month rise since June. The producer share of the retail price is at a similar level to that recorded during the same month last year. The…

Australian exports of beef and sheep meat increase in the year-to-date

Between January and October Australia has exported 863.6 thousand tonnes of beef, around the same amount as last year over the same period, according to the latest data from the Australian Bureau of Statistics. In the year-to-date Australia has exported 343.4 thousand tonnes of sheep meat, a 6% increase on year earlier levels. In October Australian beef exports totalled 90.4 thousand tonnes, 19% more than…

Turbulent Australian lamb prices

Australian sheep meat production in October stood at 67.8 thousand tonnes, 16% (9 thousand tonnes) higher than the same month last year; production in the year-to October totals 574.8 thousand tonnes, 3% (16.9 thousand tonnes) higher than the same period last year, according to the latest data from Meat & Livestock Australia. However, when analysing production data for lamb only the year to date production…

Cattle prices continue to soften

During the week ended 16 December the GB all prime cattle measure fell 1.35p on the week, to 361.92p/kg. The latest price is 12.54p above year earlier levels and 5.9p above the 5-year average for this week. Estimated prime cattle slaughterings declined to 29,200 head, 1,100 head less than the previous week and 3,300 head fewer than the same week last year. The weather conditions…

Cattle population data indicates higher prime supplies in 2018

Cattle population data for October, from the British Cattle Movement Service, points towards higher supplies of prime cattle next year compared to this, as well as fewer dairy replacement animals becoming available. In October, there were 41,685 fewer dairy females on the ground under two years old in Great Britain, compared with the same month last year. By itself, this is supportive of the view…