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Deadweight cattle prices ease
Wednesday, 6 October 2021
GB deadweight cattle prices slipped in the week ending 2 October, with declines seen in nearly all categories. The all-prime average price fell by 0.9p on the week to 409.3p/kg. This puts the price 41.8p above the same week a year ago.
Estimated prime cattle slaughter at GB abattoirs was 30,200 head for the week, 5% lower than the week before and 2% lower than the same week a year ago. Reports suggest there are some difficulties with staff shortages in some plants.
Weekly price movements (w/e 2 Oct):
- Steers (overall): 410.8p, down 0.9p
- Heifers (overall): 408.7p, down 1.1p
- Young bulls (overall): 398.4p, down 1.2p
Cow prices also experienced decline, with the overall average slipping 6.2p to 273.2p/kg. Animals meeting -O4L spec fell 7.2p to average 294.7p/kg. Despite the price softening, the overall average was still 33.2p above the same week a year ago, and 46.2p above the five-year average. Estimated slaughter stood at 11,500 head for the week, fairly stable on the week before but down 3% year-on-year.
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