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GB prime cattle prices tick up again
Wednesday, 17 November 2021
In the week ending 13 November, the GB average deadweight prime cattle price crept up by another 2p to average 411.3p/kg. The measure was 39p above the price recorded for the same week a year ago, and 58p above the five-year average price.
Heifers enjoyed the largest price growth on the week, with the overall average price up 2.9p to 410.9p/kg. Overall, steers also recorded an uplift, of 1.6p to 412.9p/kg. Steer and heifer prices saw growth in all reporting regions of the country. Young bulls on the other hand lost ground, with the overall average down 2p to 395.9p/kg.
Prime cattle throughputs at GB abattoirs were estimated to be 29,500 for the week, down 4% (1,100 head) on the week before, but 15% (5,200 head) below the same week a year ago. Typically, we see increasing numbers of cattle coming through at this time of year for Christmas orders. We are yet to see as much uplift in throughputs as there has been in previous years, so this is likely contributing to continuing price strength. There are some reports of staffing issues in some plants, but lower supplies will also be contributing.
For deadweight cows, declines continued to be softer than in previous weeks, with the overall GB average price down 1.3p to 257.7p/kg. Cows of –O4L spec also eased 1.3p to average 281.0p/kg. Throughput of cows at GB abattoirs was estimated to be 12,900 head for the week, down 1% on the week before but down 12% year-on-year.
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