Livestock prices remain robust in early weeks of 2021
HCC – Meat Promotion Wales has reported that average prices for both lamb and beef have remained at historically high levels for the first weeks of the new year, driven by strong consumer and retail demand following the Christmas period. The average liveweight price of lambs at auction in Wales has increased steadily since the start of 2021, and has gone up again this week by 13.1p. The current price has reached 260.6p/kg, over 50p...
New figures show booming lamb sales
New retail data released by Kantar Worldpanel has revealed that 2020 is turning into a bumper year for lamb sales. The latest figures, covering the 12-weeks through the late summer and early autumn to the 4th October, show that British shoppers spent 15.5% more on lamb than during the same period last year, and consumed 11% more by volume. Taking the year as a whole, lamb sales have rebounded strongly after a disappointing Easter,...
‘Love Lamb Week’ campaign pushes Welsh lamb sales up
Sales of PGI Welsh Lamb have increased significantly this year thanks to help from Hybu Cig Cymru – Meat Promotion Wales’ (HCC) ‘Love Lamb Week’ campaign. According to HCC, sales of PGI Welsh Lamb have grown this year as many turned to cooking during lockdown including younger consumers and families looking for new and exciting recipes to try at home. The value of lamb sales across Britain in 2020 is 17.4% up on the same period last...
LMC reports increase in retail lamb sales
In the 12 weeks to the 6th September 2020, total spend on lamb in GB retailers grew by almost 20% from the same period in 2019 to £187.8 million, according to the latest data from Kantar. As reported in the Livestock and Meat Commission of Northern Ireland (LMC) newsletter, during the same period in 2020, volume sales of lamb through GB retailers increased by 12.9% from 2019 levels, with volume growth recorded across almost all major...
Firm farmgate prices position UK lamb as a competitor in European markets
Prime lamb prices remain firm in comparison to 2019, standing 25% higher than a year ago, according to the latest market commentary from Quality Meat Scotland (QMS). Stuart Ashworth, director of economics services at Quality Meat Scotland. Stuart Ashworth, director of economic services at QMS, claims that last year’s prices were affected by uncertainty over a potential Brexit at the end of October 2019, reaching a low point in the...
Welsh Lamb promotions adjust to changing shopping patterns
Supermarkets across the UK have unveiled a series of promotions for PGI Welsh Lamb in order to adapt to the ways consumers are shopping as a result of the coronavirus pandemic, according to Hybu Cig Cymru – Meat Promotion Wales (HCC). The autumn promotions are part of a partnership between retailers and HCC which aims to continue the positive growth in retail sales which has been seen so far in 2020. Retail spending on lamb during...
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