{"id":4116,"date":"2024-11-01T12:12:13","date_gmt":"2024-11-01T12:12:13","guid":{"rendered":"https:\/\/hcc.ubuntu.staging.creo.dev\/?p=4116"},"modified":"2024-11-06T16:12:42","modified_gmt":"2024-11-06T16:12:42","slug":"welsh-red-meat-industry-hopes-for-xmas-present","status":"publish","type":"post","link":"https:\/\/meatpromotion.wales\/en\/newsroom\/welsh-red-meat-industry-hopes-for-xmas-present\/","title":{"rendered":"Welsh red meat industry hopes for Xmas present"},"content":{"rendered":"

The Welsh red meat industry is hoping that the positive position generated by current industry supply and demand trends will extend into the all-important festive season.<\/p>\n

\u201cThe signs are there: it\u2019s still early of course, but there can be some optimism for another good Christmas for quality red meat,\u201d reasoned Glesni Phillips, Hybu Cig Cymru-Meat Promotion Wales\u2019 (HCC) Intelligence, Analysis & Business Insight Executive. \u201cVolume sales of lamb for the year to date are up four per cent on the year, which is very positive for the sector – and encourage hopes of a good festive season for Welsh red meat,\u201d said Glesni.<\/p>\n

Glesni\u2019s interpretations of the marketplace and its outlook can be found in detail in this month\u2019s HCC Market Bulletin<\/em>, available online.<\/p>\n

Looking across the market in detail, Glesni reported: \u201cSupply continues to be down.<\/p>\n

Data from Defra for sheep throughput up to September 2024 shows a nine percent decrease compared to last year, with a total of 9.3 million sheep processed. Both lamb and adult sheep numbers are contributing to this decline.<\/p>\n

\u201cLamb throughput is down eight per cent, despite slight peaks in January and February. Due to an estimated smaller lamb crop this year, a tighter supply was to be expected, but current numbers are even lower than expected.\u201d<\/p>\n

She said monthly throughput levels have not surpassed the million-head mark in any of the first nine months of 2024, suggesting that new season lambs have been slow to come forward. \u201cUK abattoirs have processed 4.48 million lambs from the current lamb crop so far – a significant nine per cent drop from year-earlier levels.\u201d<\/p>\n

This tightening of supply has helped to maintain price levels. \u201cThe GB prime lamb deadweight average price remains firmly above the \u00a36\/kilo mark, despite seven consecutive weeks of downward price movements,\u201d she said. \u201cThe most recent average stands some eight per cent higher than year-earlier levels at 618.5p\/kg.\u201d<\/p>\n

Kantar consumer data for the 12-week period ending 29th<\/sup> September shows that lamb volume sales remained stable, up 0.5 per cent on the year, driven by a five per cent increase in existing shoppers buying more. Grocery price inflation, while lower than its peak, rose slightly to two per cent in this quarterly period but had not seemed to impact on shopper\u2019s determination to buy their favourite red meat cuts.<\/p>\n

HCC\u2019s Market Bulletin<\/em> can be found here: https:\/\/meatpromotion.wales\/en\/news-industry-info\/market-bulletin<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The Welsh red meat industry is hoping that the positive position generated by current industry supply and demand trends will extend into the all-important festive season. \u201cThe signs are there: it\u2019s still early of course, but there can be some optimism for another good Christmas for quality red meat,\u201d reasoned Glesni Phillips, Hybu Cig Cymru-Meat … Continued<\/a><\/p>\n","protected":false},"author":4,"featured_media":4117,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[17],"tags":[],"class_list":["post-4116","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industry-supply-chain"],"acf":[],"yoast_head":"\nWelsh red meat industry hopes for Xmas present - Hybu Cig Cymru<\/title>\n<meta name=\"description\" content=\"Hybu Cig Cymru- Meat Promotion Wales. 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