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.


Sign up for regular updates

You can subscribe to receive Beef and Lamb market news straight to your inbox. Simply fill in your contact details on our online form.

Visit the Keep in touch page

More Beef market news

Topics:

Sectors:

Tags:

×