Sign in to your account
Forgot / Reset Password? Click here
Not registered with Farmers Journal? Register now to read 7 Member articles for FREE
Or

To redeem your unique loyalty code from the print edition click HERE
Just one final step...
You must confirm your email address by clicking on the link we’ve sent to your email address.
You are only one short step away from reading...
Seven reasons to resist factory pressure on cattle - IFA
Register below to read seven Member articles
for free per month.
Or to redeem your unique loyalty code
from the print edition click HERE
Only takes a second!
Already registered with Farmers Journal? Sign in
By registering an account you agree to our Privacy Policy and Terms of Service.
code

Seven reasons to resist factory pressure on cattle - IFA

By on
There is no market basis for pressure on cattle prices at the moment, according to the IFA.
There is no market basis for pressure on cattle prices at the moment, according to the IFA.

The move by the factories to pull quotes and talk down the trade is an attempt to force out very tight supplies of prime cattle, IFA president Joe Healy has said.

Here’s seven reasons for farmers to resist factory pressure on prices:

1. Steer base prices are currently €4.10 to €4.15/kg and heifers are €4.20 to €4.25/kg, with some top prices of €4.30 paid.

2. UK cattle prices are up 14p/kg or 17c/kg since 1 April. UK prices are running 40p/kg or 48c/kg ahead of this time last year.

3. UK cattle prices (R3) steers are £3.70, which is equivalent to €4.48/kg incl VAT at an exchange of 87p/€.

4. Irish slaughterings are running 30,209 head above last year.

5. Despite numbers being higher, carcase weights are down this year. For the first four months, steer weights are back 9.6kg.

6. In addition, live exports are very strong this year, up 35,000 head at 116,000 head. Over 90,000 calves have been exported and exports to Turkey are also very strong. Purcells currently are filling a contract for 20,000 head. It is expected there will be further contracts as the year progresses.

7. Grass growth is very strong and cattle are thriving well, with no pressure on farmers to sell.

Lighter carcase weights and a strong live export trade will help to negate the impact of higher numbers for the second half of the year, IFA national livestock chair Angus Woods said.

Read more

In pictures: top quality cattle make €3.00/kg at Balla

Related tags
Related Stories
2500 sheets of waterproof chipboard. Ideal for anybody looking to lay a floor. B...
Have you got an object at home of historical or cultural importance? A new socia...
Stone tunneling single pass system, 450mm deep x 170mm wide drains....
Planning permission & Retention 10 years experience reference available. Call A...
Experienced operators, references available. Call for details....