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Cattle Trade & Prices

Date: 23/01/2015 

The cattle trade has continued to edge upwards on the back of strong demand coupled with steady supplies. A strong trade was reported in the UK while on the continent trade was relatively steady.

The majority of steers continued to be purchased at a base price of around €4.05/kg on the Quality Payment System with selected lots achieving higher prices. Heifers were being purchased on average at a base of around €4.15/kg with higher prices being reported for selected lots. These prices exclude bonuses payable on QA animals. Prices paid for O grade cull cows are generally making between €3.30/kg to €3.50/kg.

The latest cattle supplies at export meat plants for the week ending January 17th showed a small increase, standing at around 31,000 head. This was down slightly compared to the figure for the same week in 2014. Cumulative supplies for the year to date are back 3%. Supplies of prime cattle were back 3% on year previous levels.

In Britain, reported cattle prices from the AHDB have firmed with GB R4L grade steers averaging at Stg 374.9 pence/kg dw (equivalent to 490.45 cent/kg dw) for the week ended 17th January. Trade was reported as remaining generally strong with fillets doing well in particular, however some weakening in trade for striploins has continued. 

In France a steady trade was reported with no significant changes reported. Current retail promotions are centred on fillets and steak cuts. In Italy, the post-Christmas decline in demand has been offset somewhat by a small rise in demand on the back of increased volumes sold.

In France the R3 young bull price was unchanged at €3.79/kg and the O3 cow price was up 4c to €3.05/kg
In Italy the R3 young bull price was down 8c to €3.77/kg and the O3 cow price was up 4c to €2.50/kg



Ireland Meat Plant Prices(€/kg dw excluding VAT)

Week Ending % Change Average to Date % Ch
Cattle 18.01.2014 17.01.2015 Prev.Week Prev.Year 2014 2015
Steers O3 3.66 3.75 1.1 2.5 3.68 3.73 1.4
O4 3.68 3.76 1.1 2.2 3.69 3.73 1.1
R3 3.86 3.93 0.8 1.8 3.85 3.90 1.3
R4 3.85 3.92 0.8 1.8 3.86 3.90 1.0
U3 3.84 4.06 1.0 5.7 3.88 4.01 3.4
Young Bulls O3 3.31 3.64 0.8 10.0 3.39 3.61 6.5
R3 3.59 3.83 1.1 6.7 3.66 3.80 3.8
U3 3.68 3.91 1.0 6.3 3.75 3.87 3.2
Heifers O3 3.84 3.87 1.6 0.8 3.86 3.83 -0.8
O4 3.83 3.86 1.3 0.8 3.86 3.83 -0.8
R3 4.03 4.06 1.5 0.7 4.04 4.01 -0.7
R4 4.00 4.04 1.3 1.0 4.01 4.00 -0.2
Cows O3 2.92 3.22 1.9 10.3 2.93 3.18 8.5
O4 2.95 3.22 1.3 9.2 2.96 3.19 7.8
R3 3.24 3.47 1.2 7.1 n.a. n.a. n.a.