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.

Liveweight GB lamb prices rise

During the week ending 25 October the GB liveweight NSL SQQ rose by 2.9p week-on-week to stand at 167.01p/kg. The price series is now 2.31p above the same week last year. Daily prices have largely been higher than week earlier levels throughout the week, although on Wednesday 25 October the daily measure was 1.95p lower than the same day last week. During the week ending…

GB cattle price continues to fall

In the week ending 21 October the GB deadweight all prime average measure recorded its largest weekly decline since April 2016. At 360.02p/kg, the latest price is 3.6p down week on week and is now just 10.9p above year earlier levels. Estimated slaughterings of prime cattle increased by 2% on the week to 32,100 head, although it has been reported that numbers may be tighter…

Producer share of lamb retail price falls, beef remains stable

The share of lamb retail prices received by producers fell on the month in September, while the beef share remained constant. In September, the share received by lamb producers fell 4.5 percentage points (9%) on the week to 47.6%; the lowest share recorded since February this year. The percentage share is now 5% lower than year earlier levels.  A marginal 0.2% increase in the average…

German demand beefs up, but rest of EU lacklustre

National consumer panel data for a selection of key EU member states suggests demand for beef and lamb has been subdued so far this year. Rising retail prices for meat, at a time when general price inflation has also been rising across the EU, may have influenced these overall trends. For beef, France, Italy and Spain all reported year-on-year declines in volume sales of beef…

German self-sufficiency in sheep meat rises

Germany has a growing demand for sheep meat even though Germans have not traditionally eaten large quantities. The sheep industry is small with just 1.1 million breeding ewes, according to the EU Commission. Germany is only around 40% self-sufficient in production, so imports are vital as to meet consumer demand. Germany has a similar annual production cycle as the UK, lambing early in the calendar…

Autumn 2017 edition of EU outlook for EU arable crops, dairy and meat markets published

The latest Short-term Outlook for EU arable crops, dairy and meat markets in 2017 and 2018 has been published by the EU Commission. Here we will highlight some key issues for both the sheep meat and beef markets. Since June 2016, sterling has fallen in value compared to the euro however the exchange rate is expected to stabilise through the end of 2017 and into…

Volatile store lamb prices

During the week ending 14 October, store lamb prices at GB auction markets recorded a loss of £0.62 week-on-week, to £49.38 per head which is below both the price at the same time last year and also the 5 year average, by £2.59 and £2.28 respectively. Prices had recorded two consecutive weeks of gains until 7 October, and have been quite volatile recently, which may…

UK sheep meat net trade balance remains positive

In August, UK sheep meat exports totalled 7,620 tonnes which is 12% higher than August 2016, according to the latest data from HMRC. The net trade balance (exports minus imports) stood at 3,260 tonnes, remaining positive for the third month in a row. Although total UK exports have increased year-on-year, exports to Ireland declined by 18% (142 tonnes), to 670 tonnes year on year in…

Sheep meat production slows in September

In September, UK sheep meat production fell by 4% compared to the previous month, according to the latest data from Defra. At 25.9 thousand tonnes, this is 11% lower than September 2016. Sheep meat production in the year-to-date stands at 213.8 thousand tonnes, 3% higher than the same period last year. Monthly clean sheep slaughterings fell by 4% month-on-month, to 1,167 thousand head. This is…

Tighter domestic supply continues to slow UK beef exports

In August UK exports of fresh and frozen beef were once again down on year earlier levels, according to latest data from HMRC. At 8,320 tonnes, shipments of beef and veal from the UK were 3% lower on August 2016. Nonetheless, the value of these exports increase by 8% on the year to £33.5 million, as the average unit price climbed, partly due to the…

USDA forecasts growth in beef and veal production

The latest outlook from the United States Department of Agriculture (USDA) forecasts global beef and veal production to rise nearly 2% on the year in 2018 to 63 million tonnes, with the US and Brazil accounting for half of all growth. Within this, US production is expected to increase by nearly 3% to 12.4 million tonnes, as the US herd expands for the fourth consecutive…

Sheep prices show lack of direction

During the week ending 18 October GB liveweight NSL SQQ fell 5.15p week-on-week to 164.11p/kg. However, the quote stood 4.05p above the same week in the previous year. Daily prices have been consistently down throughout the week, although on Wednesday 18 October prices were 1.98p above the same day last week at 165.79p/kg. During the week ending 14 October GB deadweight NSL SQQ recorded an…