Heifers Worth 18 Per Cent More As Numbers Remain Tight08 October 2013
UK – Heifer prices across Northern Ireland are 18 per cent higher on the same time last year, say market analysts.
This is an increase of over 57p/kg on prices last October when corresponding heifer values were 322.5p/kg.
Average steer price was confirmed at 365p/kg for last week, 2.6p up on the previous week with heifers 5.8p/kg higher at 371.5pkg.
Deadweight Cattle Trade
Slaughter figures remain below 2012 levels, despite slaughterhouse throughput continuing its rise last week.
The exception to the rule was cow slaughter which remained ‘fairly steady’, hitting 1,717 last week, according to the Livestock and Meat Commission.
Exports to Great Britain were up to the highest level since mid-April at 336.
Close to 500 more prime cattle were slaughtered in the corresponding week last year. Similarly, cow slaughter was at half of last year’s figure of 2, 466.
Prime animals fetched an average price of 364-368p/kg at U-3 grade. Cows ranged from 270-290p/kg.
Imports from the Republic of Ireland saw 166 fewer prime cattle cross the border, reaching 996 head. Cows were also down by 50 head at 219.
Across Great Britain, the trend was for steady prices as steers and heifers stayed within a penny of last week. Northern England fared the worst as prices fell back 5.6 p/kg at 390p/kg.
Across the Republic of Ireland prices have come under ‘pressure’, according to the LMC with R3 steers getting 2.3p/kg less (324.3p/kg) and heifers 4.1 p/kg less (332.6p/kg).
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Top finished steers managed 228p/kg with second quality averaging 202p/kg. Heifers averaged 4p/kg more up to 224p/kg.
Store bullocks (stocker steers) over 500 kg average 223p/kg, second quality animals went for 185p/kg.
Heifers over 450 kg sold for 216 p/kg with second quality fetching 188p/kg.
TheCattleSite News Desk