AHDB Cattle and Sheep Weekly
14 November 2016
Fine balance in the cattle trade very evident
In week ended 5 November the pressure on cattle prices overall was again a little softer. At 348.7p/kg, the GB all-prime average was back under a penny on the week earlier. AHDB estimates suggest that, overall, the number of cattle coming forward was just up on the week earlier, possibly playing a part in stabilising the supply/demand balance. However, with processors starting to look closely at their chill room stocks and booking queues non-existent, the trade is still very finely balanced and in some parts even on the cusp of tipping more into producers’ favour.
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