Statement from Executive Director, Neil Wilson on behalf of the Institute of Auctioneers and Appraisers in Scotland members.
“Auction marts and auctioneers across Scotland are continuing to liaise closely with the key industry representatives and the Scottish Government to ensure they remain fully briefed about the supply and demand in the red meat chain during these uncertain times.
“The impact of the EU border restrictions over the last 24 hours, as well as what might follow with Brexit, will no doubt drive some volatility within the industry, particularly around demand for produce and market prices.
“As we enter the Christmas and New Year period, there is a reduced sales calendar, as is the case in any year, and will resume from early in the New Year; this reduced number of sales could help limit any drop in price and steady up volume.
“However, we must note that, despite the pandemic and uncertainties around Brexit, prime and store lamb prices have remained buoyant this year, so there remains an element of confidence in the sector.
“Right now, we are in a very frustrating place and our advice for farmers is to stay in touch with their local auction marts and auctioneers who will do their best to guide you through the uncertainties that the start of 2021 is inevitably going to bring.”