GB cattle prices continue strongly, despite numbers up

Wednesday, 6 July 2022

In the week ending 2 July, GB deadweight cattle prices gained further ground despite more cattle coming forward.

The average price for prime cattle procured deadweight in GB gained a further 1.8p on the week before to average 443.9p/kg, 45p above where it was this time a year ago.

Graph showing average GB all-prime cattle price 06/07/2022

Within this average, the overall average price for steers gained 1.4p to 444.5p/kg, heifers gained 2.1p to 443.9p/kg, while young bulls rose by 2.9p to 441.5p/kg. R4L steers and heifers rose by 2.9p and 1.9p, respectively.

More detail on deadweight cattle prices can be found here

An estimated 32,000 cattle were processed during the week, down 1% from the week before, but up 1% from the same week a year ago.

Graph showing year-on-year change in GB estimated prime cattle kill 06/07/2022

Cow prices continued to soar above year-ago levels, with the overall GB average price at 367.8p/kg in the week ending 2 July, up 1.2p from the week before. This was 76p above the price recorded for the same week a year ago. Animals of -O4L spec averaged 385.7p/kg, up 0.5p week-on-week.

An estimated 9,700 cows were processed in GB abattoirs during the week, up 5% from the week before, and up 9% from the same week a year ago.

Graph showing overall average deadweight cow price 06/07/2022

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Hannah Clarke

Senior Analyst (Red Meat)

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