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Deadweight prime cattle prices ease
Wednesday, 12 January 2022
In the second week of 2022, average prices for prime cattle came under a little pressure. The all-prime average measure eased by 0.8p to 407.6p/kg, although this was still 36p higher than the same week a year ago.
Reports suggest that restaurant demand after the festive period is sluggish, and could be dampening prices for higher-end cuts like steak. If sustained, this could impact on carcase balance, although there is some indication to suggest retail demand for mince has also been weakening.
Click here for more detailed price breakdowns
Prime cattle kill in GB abattoirs was estimated to be 23,100 head during the week, 18% higher than the week before but 28% lower than a year ago. However, the same week last year did not contain a bank holiday. Reports suggest that COVID-19 related absences in plants is affecting throughput.
For cull cows, price strength continued, with the overall deadweight average up 0.7p on the week to 266.2p/kg. A total of 8,000 cows were estimated to have been processed in GB abattoirs during the week.
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