Steady deadweight prime prices, cows tick up

Wednesday, 28 October 2020

In the week ending 24 October, the all-prime average deadweight cattle price stood at 367.3p/kg, virtually unchanged on the week before. Overall, heifers and young bulls enjoyed price growth, while steers slipped back.

The measure now stands just over 20p above the five-year average for the time of year, and is the highest price recorded for the week in at least the last six years.

Estimated prime cattle throughput at British abattoirs for the week totalled 32,100 head, up 150 head (0.5%) on the week before, but down 4% on the year. Weekly prime slaughter has been running below that of last year now for nearly two months.

Weekly prime price movements for the w/e 24 October:

  • Steers overall: 368.2p/kg, down 0.7p
  • Heifers overall: 367.8p/kg, up 0.5p
  • Young bulls overall: 354.2p/kg, up 3.1p

Cull cow prices averaged 239.7p/kg overall for the week, up 1.3p on the week before. The measure is still performing strongly for the time of year, up 29.4p on the five-year average. Estimated cull cow slaughter for the week totalled 13,200 head, up 500 head (4%) on the previous week, but down 0.6% on the previous year.

Image of staff member Hannah Clarke

Hannah Clarke

Senior Analyst (Red Meat)

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