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GB cattle prices stabilise
Wednesday, 24 August 2022
The average GB prime cattle deadweight price saw its first increase for seven weeks, appreciating 0.9p to average 433.4p/kg in the week ending 20 August. This increase means average prices are now 65p above the 5-year average, and 25p above prices this time last year.
Within the all-prime average for the week, all categories saw a strengthening of prices; overall steers gained 0.6p to average 434.5p/kg, young bulls increased 0.2p to average 425.4p/kg, and overall heifers increased 1.3p to average 434.3p/kg.
However, overall cow prices once again saw a decrease, reducing 1.4p to average 346.7p/kg, with animals at -O4L spec seeing a larger decline of 5.9p to average 366.7p/kg. Despite the easing in price, the overall cow price achieved 53.4p above last year’s average for the same week.
An estimated 30,400 prime cattle were processed during the week, up 1% on the week before and up 4% on the estimated number seen in same week last year. Cull cow throughput was estimated at 10,100 head, back 2% on the previous week and year.
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