It has been another strong week in the hogget trade, with the GB average price back above 200p/kg for the first time in more than eight months, some highly welcome news for sheep producers everywhere.
Yesterday’s trade across the country returned an average SQQ price of 201.1p/kg, a rise of more than 18p/kg on last week’s prices.
And today’s trade has been equally impressive, with United Auctions’ sale at Stirling seeing 7041 hoggets sold to average out at 207p/kg and selling up to a high of 280p/kg.
Further north at Thainstone an entry of 3998 hoggets levelled at an exceptional 217.9p/kg, with an SQQ price of 223.8p/kg and a top price/kg of 271.1p/kg.
It looks like the predictions of a few weeks back following the massive glut of slaughterings in January have been fulfilled and a rising demand and relative shortfall in supply are driving prices back in the direction producers have been hoping for.
It will be interesting to see how the spring lamb trade develops in the next few weeks as increasing numbers come forward to the markets.Read more