"The average price of a leg of lamb across Tesco, Morrisons, Asda and Sainsbury's has climbed to £16.23 per kilo, up 12.5 per cent on a year ago, when shoppers were paying £14.43."
"Sam Bagge, manager of the award-winning Walsingham Farm Shop in Norfolk, said a 2.5kg leg of local, high-welfare lamb is now retailing at £75, up from £65 a year ago."
"James Little described the conditions as 'a perfect storm'. He said Eid traditionally lifts lamb demand sharply, and with Easter falling early this year the two festive peaks have run straight into one another."
Lamb prices in UK supermarkets have reached record highs, with an average price of £16.23 per kilo, a 12.5% increase from last year. Sainsbury's has seen the largest price hikes, with some products rising by a third. Wholesale lamb prices have also increased significantly, impacting independent butchers. The overlap of Easter and Ramadan has created heightened demand, leading to a 'perfect storm' in the market. Consumers are shifting to alternative meats due to rising lamb costs.
Read at Business Matters
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