Search our website enhanced by Google.
Upward streak continues for deadweight cattle prices
Wednesday, 10 June 2020
By Hannah Clarke
In the week ending 6 June, GB deadweight cattle prices rose strongly again across the board. The all-prime GB price averaged 353.0p/kg, up nearly 8p on the week. The price is 9.1p above the same week last year, and 8.0p above the five-year average.
Weekly deadweight prime cattle average price movements:
- Steers (overall): 352.6p/kg, up 7.8p
- Steers (R4L): 362.8p/kg, up 6.9p
- Heifers (overall): 354.0p/kg, up 7.8p
- Heifers (R4L): 363.0p/kg, up 7.4p
- Young bulls (overall): 351.6p/kg, up 9.0p
Estimated abattoir throughputs stood at 34,800 head for the week, up 3,500 head on the week.
Cow prices also continued upwards, although growth was slightly more subdued than that of prime prices. The overall average cow price totalled 251.6p/kg, while –O4L cows averaged 268.2p/kg; both measures up 4.4p on the week. The overall cow price is now 7.8p higher than last year and 6.9p above the five-year average.
Estimated cow throughputs for the week stood at 12,400 head, up 2,400 head on the week before. The previous week included a bank holiday, but considering price movements, it is likely that producers are looking to capitalise on stronger returns.
Good weather during the week reportedly boosted consumer demand for beef as BBQs were fired up, while the reopening of fast food outlets helped to support the cull cow trade.
See our coronavirus weekly retail tracker for the latest data on beef sales.
Sign up for regular updates
You can subscribe to receive Beef and Lamb market news straight to your inbox. Simply fill in your contact details on our online form.
While AHDB seeks to ensure that the information contained on this webpage is accurate at the time of publication, no warranty is given in respect of the information and data provided. You are responsible for how you use the information. To the maximum extent permitted by law, AHDB accepts no liability for loss, damage or injury howsoever caused or suffered (including that caused by negligence) directly or indirectly in relation to the information or data provided in this publication.
All intellectual property rights in the information and data on this webpage belong to or are licensed by AHDB. You are authorised to use such information for your internal business purposes only and you must not provide this information to any other third parties, including further publication of the information, or for commercial gain in any way whatsoever without the prior written permission of AHDB for each third party disclosure, publication or commercial arrangement. For more information, please see our Terms of Use and Privacy Notice or contact the Director of Corporate Affairs at info@ahdb.org.uk © Agriculture and Horticulture Development Board. All rights reserved.