03 September 1998
Prices slump again at Scottish auctions
PRICES slumped to new lows at Scottish auctions, raising calls for Government intervention of some kind.
Dalmally saw prices plunge “to a low beyond the worst expectations”, according to the The Scotsman. Lanark saw the value of Blackface wedder lambs sink to less than those obtained in 1979, with a fall of £18 per head.
Auctioneers commission was down at Lanark. Gross takings on Tuesday fell by about £150,000.
The Scottish National Farmers Union is due to meet Donald Dewar, the Scottish Secretary, and Lord Sewel, the Scottish agriculture minister.