Rises on lamb
FINISHED lamb prices clawed back some of last weeks losses on Monday.
Values averaged 69p/kg lw in England and Wales, a 1.58p rise on seven days earlier.
Gavin Loynes, auctioneer at Gloucester, says a sharper export trade contributed. But the number on offer could increase. "Neither the weather, nor the price, has improved. Farmers will start to out them, whatever the price.
"I cant see anything that will make prices jump in the run-up to Christmas," adds Mr Loynes.
But Maurice Wall, auctioneer at Highbridge, Somerset, reckons prices could soon increase. Unlike at this time last year, very few of the sheep offered for slaughter are getting taken back on-farm for further finishing so fewer will be on offer later in the season, he says. *