Market feel:

Demand increased and resulted in the slaughter prices to increase the past week as well. Higher demand for lambs resulted in this price to increase the past week. Feeder lamb and slaughter prices are likely to stabilize as demand may start to decrease and lambs can become more available towards the end of the winter.

Feeder Lamb	Live	R53.52 per kg
	A2/A3	R105.21 per kg
	C2/C3	R76.90 per kg

Price movements

Lambs – The price is 1.11% higher compared to the previous week, 4.54% higher than a month ago and 8.37% higher than last year the same time. Based on historic trends, the price can trend downward over the coming week.

A2/3 – The preliminary price is 0.64% lower compared to the previous week,
3.79% higher than a month ago and 12.80% higher than last year the same time. Based on historic trends, the price can trend downward over the coming weeks.

C2/3 – The preliminary price is 1.02% lower compared to the previous week,
6.89% higher than a month ago and 6.74% higher than last year the same time. Based on historic trends, the price can trend upward over the coming weeks.

Weekly Market Report

Price movements

Maize– The yellow maize price is 2.85% lower compared to the previous week, 2.36% lower than a month ago and 4% higher than last year the same time.

Sunflower – The price is 1.43% lower compared to the previous week, 2.88% lower than a month ago and 30.62% higher than last year the same time.

Soy meal (48% cif) – The price is 1.05% higher compared to the previous week, 3.10% lower than a month ago and 26.01% higher than last year the same time.

Lucerne (supreme quality) – The price stayed on a similar level compared to last week and month (price as in Douglas excluding transport).

Source: AMT