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Deadweight cattle prices continue to rise
Wednesday, 5 August 2020
By Chris Gooderham
Deadweight cattle prices rose again this week, with prime prices up across the board as supplies continued to tighten. Supplies in Ireland are expected to remain tight, at least in the short term.
In the week ending 1 August, the GB all prime average cattle price stood at 366.5p/kg, up 4.6p on the week before. The measure is now above the price achieved in the same week last year by 41.3p/kg. Estimated slaughter at British abattoirs fell again, down 300 head on the week to 32,300 head.
GB deadweight prime cattle price movements (w/e 1 August):
- All prime: 366.5p/kg up 4.6p
- Steers (overall): 366.5p/kg up 3.9p
- Steers (R4L): 379.6p/kg up 5.2p
- Heifers (overall): 367.9p/kg up 5.5p
- Heifers (R4L): 378.4p/kg up 6.3p
- Young bulls (overall): 362.0p/kg up 4.7p
Cull cows also continued to rise, with the GB average price up another 1.9p on the week to 265.5p/kg. Estimated kill was up marginally again (+100 head) on the week to 9,700 head.
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