Most plants are still on a base of €3.75/kg for steers and heifers this week. Some are managing to secure supplies at €3.70/kg, but this is for new deals this week.
Bonuses are still in place for high numbers of heifers, while Aberdeen Angus steers and heifers are still in demand.
Young bulls are a similar trade to last week, working off a base of €3.70/kg on the grid. Under-24-month bulls are also a similar trade, with €3.60/kg for R grading bulls and €3.70/kg for U grading bulls being paid.
Cow trade
Cows are a similar trade, with €3.00/kg to €3.10/kg being paid for O grading cows and €3.20/kg to €3.30/kg being paid for R grading cows.
Regular sellers and those with higher numbers are able to squeeze another 10c/kg out of the market when selling.
All the signs are that the cattle supply will remain tight and the market appears to be strong. The cattle kill remains stable, with no big flush of cattle forecast to come on stream.
It’s thought that a number of factories will step up production this week to fill the gap
The kill for the week ending 31 July was 35,267, up 359 cattle on the previous week’s kill. Finished cattle supplies have remained tight with no flush of grass cattle expected for some time.
Eager for cattle
Kildare Chilling and other meat plants hit the headlines over the weekend and agents on Monday morning have been referencing the situation in their starting quotes.
While quick to talk down the trade on the other hand, they are still very eager for finished cattle.
It’s thought that a number of factories will step up production this week to fill the gap for Kildare Chilling contracts.
While there is some talk of €3.65/kg, no cattle have been bought at this price and there is a strong feeling on the ground that farmers will hold cattle if the €3.70/kg floor is breached.
The recent heat wave and good weather across the UK has meant high retail sales for burgers, steaks and other grill products as consumers choose to barbecue food at home as opposed to dining out in restaurants.
Burger sales were already up 45% for the 12-week period up to mid-June compared with 2019 sales and July is reported to be very strong for retail sales also.
UK finished beef supplies are down, which should help underpin exports into the UK.
Read more
MII welcomes unannounced HSA inspections
Cattle and sheep kills to remain suspended at Kildare Chilling
Are cattle exported to NI for direct slaughter eligible for €100/head payment?
Most plants are still on a base of €3.75/kg for steers and heifers this week. Some are managing to secure supplies at €3.70/kg, but this is for new deals this week.
Bonuses are still in place for high numbers of heifers, while Aberdeen Angus steers and heifers are still in demand.
Young bulls are a similar trade to last week, working off a base of €3.70/kg on the grid. Under-24-month bulls are also a similar trade, with €3.60/kg for R grading bulls and €3.70/kg for U grading bulls being paid.
Cow trade
Cows are a similar trade, with €3.00/kg to €3.10/kg being paid for O grading cows and €3.20/kg to €3.30/kg being paid for R grading cows.
Regular sellers and those with higher numbers are able to squeeze another 10c/kg out of the market when selling.
All the signs are that the cattle supply will remain tight and the market appears to be strong. The cattle kill remains stable, with no big flush of cattle forecast to come on stream.
It’s thought that a number of factories will step up production this week to fill the gap
The kill for the week ending 31 July was 35,267, up 359 cattle on the previous week’s kill. Finished cattle supplies have remained tight with no flush of grass cattle expected for some time.
Eager for cattle
Kildare Chilling and other meat plants hit the headlines over the weekend and agents on Monday morning have been referencing the situation in their starting quotes.
While quick to talk down the trade on the other hand, they are still very eager for finished cattle.
It’s thought that a number of factories will step up production this week to fill the gap for Kildare Chilling contracts.
While there is some talk of €3.65/kg, no cattle have been bought at this price and there is a strong feeling on the ground that farmers will hold cattle if the €3.70/kg floor is breached.
The recent heat wave and good weather across the UK has meant high retail sales for burgers, steaks and other grill products as consumers choose to barbecue food at home as opposed to dining out in restaurants.
Burger sales were already up 45% for the 12-week period up to mid-June compared with 2019 sales and July is reported to be very strong for retail sales also.
UK finished beef supplies are down, which should help underpin exports into the UK.
Read more
MII welcomes unannounced HSA inspections
Cattle and sheep kills to remain suspended at Kildare Chilling
Are cattle exported to NI for direct slaughter eligible for €100/head payment?
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