Mixed bag for prime cattle prices, cows ease further

Wednesday, 3 November 2021

Deadweight cattle prices had a mixed week in the week ending 30 October. The GB all-prime average cattle price eased by 0.4p to stand at 408.8p, 42p above the same week a year ago.

Overall, the average GB steer price remained stable on the week before at 410.6p/kg. An increase in Scottish prices appeared to balance out softer prices in England & Wales. Heifers on the other hand lost 1p on the overall GB average to 408.0p/kg. Young bulls also saw softer prices, down 1.4p overall to average 395.9p/kg.

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Prime cattle kill at GB abattoirs was estimated to be 29,700 for the week, down 5% on the previous week and down 7% on the same week a year ago. Reports suggest that labour shortages remain in some plants. Slaughter for the year to 30 October is estimated to be 1.38 million head, down 4.4% on the equivalent period in 2020.

For cows, prices continued to fall. The overall GB deadweight cow price eased by 5.3p to average 260.0p/kg. This is 22p above the price from the same week a year ago. Estimated cow slaughter stood at 12,800 head for the week, up 2% on the week before but down 5% year-on-year.

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Hannah Clarke

Senior Analyst (Red Meat)

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