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Cattle prices on the rise with culls through the roof
Wednesday, 9 March 2022
The GB all-prime average deadweight cattle price increased by 1.8p to 408.7p/kg for the week ending 5 March. Prices have been lifting over the past 3 weeks and are now back to where they started at the beginning of the year and 57.9p above the 5-year average.
For more detailed price breakdowns click here
Prices for all categories rose this week and remain well above their respective 5-year averages with steers, young bulls and heifers up 1.1p, 2.1p and 2.7p respectively.
Cull cow prices continue on a steep upwards trend, helped by the seasonal uptake by processors getting prepared for summer demand against a background of globally rising beef trim prices. Prices increased by 11.2p this week to 309.7p/kg, up 19% on the same time last year and the first time we have recorded a price over 300p/kg for this category.
Prime cattle slaughter estimates dropped 1,300 head this week to 31,500 head. This is 1% lower than the same time last year and 1% lower than the 5-year average. Estimated cull cow slaughter increased by 600 head this week to 10,500 head, 6% more than last week but 0.5% below the 5-year average.
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