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German lamb prices before the Easter holidays increased from a year earlier, market researcher Agrarmarkt Informations GmbH reported.
The price of lamb increased to 5.63 euros ($7.47) a kilogram (2.2 pounds) of slaughtered weight in the week through March 25 from 4.53 euros in the year-earlier week, Bonn-based AMI wrote in a report on its website today.
Easter typically results in a “considerable” increase in demand for lamb, the researcher wrote. Lambing is more expensive in winter due to high feed costs, and the bulk of lambs are born in spring, meaning the supply of slaughtering lambs will increase from mid-April into the summer, according to AMI.
“Currently the supply of domestically produced lambs is relatively small,” AMI wrote. “Supply from abroad is also not plentiful and lamb-meat prices are rising across the board, particularly leg is very much in demand.”
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