HCC market update: cattle throughput dips

THE New Season Lamb (NSL) SQQ stabilised somewhat during the most recent average for the week.

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The gap between this year and last narrowed significantly from being over £1 to just 87p as the NSL SQQ average fell by less than 1p to 754.7p/kg.

The average does however continue to be a notable £2 higher than the longer term 5-year average for this time of year. Numbers forward for the week were down 6% compared to the previous week, but 13% lower than the corresponding week last year.

The steer average deadweight price in England and Wales recorded a small week-on-week price increase of 0.3p. The average now stands at 639.5p/kg - £1.52 higher than year-earlier levels, and a notable £2.11 higher than the longer term 5-year average.