Store cattle market update: Prices climb into autumn

Friday, 13 October 2023

Store cattle prices have rallied in recent weeks, with market drivers including finished returns and favourable forage supply.

Key points

Store cattle prices across England and Wales (E&W) have risen strongly over recent weeks, generally outpacing growth seen in finished prices. Market reports suggest that store cattle numbers forward are strong currently with buoyant demand, as wet (but warm) weather supports forage stocks.

Week-on-week, prices have generally started to ease, but remain up against last year across almost all categories and age groups, particularly for older cattle.

Continental (X) store cattle average prices in E&W for week ending 7 October (and year-on-year change):

  • Yearling steer: £1,034/head (+£133 +15%)
  • Yearling heifer: £866/head (+£138 +19%)
  • 18-month steer: £1,237/head (+£133 +12%)
  • 18-month heifer: £1,084/head (+£134 +14%)
  • 2-year steer: £1,320/head (+£149 +13%)
  • 2-year heifer: £1,172/head (+£154 +15%)

See more store market prices here.

Average continental (X) store steer prices, England and Wales

Chart showing weekly average store cattle prices in England and Wales

Source: AHDB/LAA/IAAS. Prices are 4-week averages.

Year-on-year change in average continental (X) store steer prices and overall deadweight finished steer price, England and Wales

Chart showing year-on-year change in E&W store cattle prices and deadweight finished price

Source: AHDB/LAA/IAAS. All prices are 4-week averages, deadweight (DWT) is all steers.

Calf prices strengthen

GB rearing calf prices have followed the seasonal downturn over previous weeks but have generally stayed elevated compared to a year ago. Holstein/Friesian bulls have shown particular annual growth of late.

GB rearing bull calf prices

Chart showing weekly average GB rearing bull calf prices

Source: AHDB/LAA/IAAS. Prices are 4-week averages.

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