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Cattle prices move on up
Wednesday, 4 May 2022
Deadweight GB cattle prices rose again in the week ending 30 April, almost across the board. The GB all-prime average price was 438.4p/kg, up nearly a penny on the previous week. Within that, steer prices overall increased by 1.3p to 439.2p/kg, and heifer prices by 1.3p to 439.3p/kg. However, the average young bull price gave back 2p, down to 427.5p/kg.
For a more detailed price breakdown click here
Demand for manufacturing beef continues to be reported as strong, and this trend continues to be reflected in the price of cow carcases, up 2.3p overall to 358.2p/kg. However, there is some optimism that demand for steaks in particular will be supported during upcoming Jubilee weekend, helping to balance demand for beef trim.
Estimated prime cattle slaughter in the week ending 30 April was 33,200 head, 4,500 head more than the week before. An estimated 9,300 cows were killed, 900 head more than the week before.
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