Deadweight cattle prices continue to fall

Wednesday, 23 September 2020

By Bronwyn Magee

GB prime deadweight cattle prices continued to fall in the week ending 19 September. The GB all-prime average stood at 368.0p/kg, 1.0p down from the week before. Despite this, prices remain 13.8p above the 5-year average. 

Prices for all categories dropped with steers meeting the R4L specification falling by 2.9p on the week.

Price movements by category for the w/e 19 September:

  • All prime: 368.0p/kg down -1.0p
  • Steers (overall): 368.8p/kg down -0.9p
  • Steers (R4L): 383.3p/kg down -2.6p
  • Heifers (overall): 368.9p/kg down -1.8p
  • Young bulls (overall): 355.9p/kg down -1.1p

Estimated prime throughput totalled 33,200 head, an increase from the previous week by 1,000 head (+3.3%). However, estimated prime kills remain lower compared to the same week last year, with a decrease of 2,400 head (-6.6%), suggesting prime cattle supplies remain tight.

Cull cow prices also fell again, with the GB average down by 3.0p on the week to 244.7p/kg. Prices for those meeting the O4L specification also fell to average 262.70p/kg, 3.5p down on the week. Estimated throughputs remained steady, declining just 20 head on the week to 11,900 head.

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