Bulletin

UK lamb and mutton sector on the rise

Figures from the Agriculture and Horticulture Development Board suggest that production of British lamb and mutton this year is expected to rise by 7% from 2014 levels. A large carry-over from last year's crop led to increased slaughtering in the first half of this year, and, with another strong lamb crop, production is expected to be at its highest level for seven years. With supply up, the industry is hoping for favourable changes in retail sourcing and pricing, along with continued strategic promotional campaigns linked to product development to draw consumers to lamb over the months ahead. If demand isn't realised, prices may continue to be under pressure. Mark Kozlowski, AHDB MI market analyst, said the UK breeding flock now stands at 14.8 million head, with year-on-year increases in all regions.

 

Note: News bulletin content has been provided by a third-party and is not the opinion of Santander.

Other Articles

GoJumpIn

The sky is seemingly the limit for a company which has got us all jumping with excitement as they secure a Santander funding deal to make…

Bulletin
Food and drink exporting opportunities in the UAE

Richard Cuda, Director - Strategic Banking Alliances, International, Santander UK says UK food and drink manufacturers should seriously…

Bulletin

According to DIT, of the 2.5 million businesses registered in the UK, an estimated 360,000 who have an exportable product or service…

Bulletin
Food and drink exporting opportunities in the UAE

Richard Cuda, Director - Strategic Banking Alliances, International, Santander UK says UK food and drink manufacturers should seriously…

Bulletin

According to DIT, of the 2.5 million businesses registered in the UK, an estimated 360,000 who have an exportable product or service…

Bulletin
Cardiff-based Forward Waste Management

Money will support the company, which serves the manufacturing sector, with Welsh and West Midland growth plans.

Bulletin

Where Next?