Prime cattle price holds, cow price rises

Wednesday, 15 July 2020

In the week ending 11 July, the GB all-prime average cattle price was 361.0p/kg, down just 0.2p on the week before. The measure is now 34.7p more than the same week last year, and 11.7p more than the five-year average.

Steer and young bull prices overall were flat on the week, faring better than heifers (-0.5p overall). Total prime slaughter at British abattoirs rose 200 head to an estimated 33,400 head for the week. Steer and young bull numbers eased, offset by more heifers forward.

Prime cattle price weekly movements (w/e 11 July):

  • Steers (overall): 361.4p/kg, 0p
  • Steers (R4L): 375.5p/kg, 0.7p
  • Heifers (overall): 361.4p/kg, ↓ 0.5p
  • Heifers (R4L): 372.1p/kg, 1p
  • Young bulls (overall): 357.6p/kg, 0p
  • Young bulls (R3): 363.9p/kg, ↓ 0.5p
  • Young bulls (R4L): 360.9p/kg, ↓ 4.0p

Overall, cow prices rose by 0.8p on the week to average 259.9p/kg. The price continues to trend above 2018 and is currently the highest it has been in at least the last six years. Cows of -O4L spec weren’t quite as strong, falling by 0.2p on the week to average 271.9p/kg. Estimated throughput of cows at British abattoirs fell by 500 head on the week to total 10,400 head.

Hannah Clarke

Analyst - Livestock

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