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GB deadweight cattle prices continue to strengthen
Wednesday, 14 July 2021
In the week ending 10 July, the average deadweight GB all-prime cattle price stood at 400.0p/kg, up 1.4p on the week before. This puts the price 39p above the same week a year ago, and up 49p on the five-year average.
All cattle categories enjoyed price growth, with the overall average steer and heifer price both rising by 1.6p.
Prime cattle throughput at GB abattoirs was estimated to be 31,400 head for the week, down 3% on the week before and down 7% on the same week a year ago. Total prime cattle throughputs so far this year (to the w/e 10 July) are estimated to be 3% lower than the same period in 2020. With combines soon to be rolling for many, cattle throughputs could show increased tightness in the weeks ahead.
Weekly average GB prime cattle price movements (w/e 10 July):
- Steers (overall): 401.0p/kg, up 1.6p
- Heifers (overall): 399.9p/kg, up 1.6p
- Young bulls (overall): 396.1p/kg, up 0.1p
Cull cows also enjoyed a price increase, with the overall price (for all grades) averaging 292.3p/kg, up 1.5p on the week before. This is 32p above the price for the same week a year ago. Cows of -O4L spec performed less well, falling by 0.4p on the week to average 309.1p/kg, but still 37p higher year-on-year.
Estimated cow slaughter at GB abattoirs totalled 10,400 head, up 7% on the week before but down 7% year-on-year. Cow slaughter for the year so far (to the week ending 10 July) is estimated to be down 4% on the same period in 2020.
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