Factory agents and northern buyers are continuing to fight it out at the ringside to secure fit stock for slaughter.
This strong presence nationwide is leading to a continued increase in price for fed cows, steers and heifers.
Cull cows once again hit over €2,000 on occasion in marts across the country in the past week.
Overall, average cull cow prices rose by 9c/kg on the week to settle at an impressive €1.87/kg, according to Martbids data.
This March 2020-born Charolais heifer was champion on the day and weighed 655kg and sold for €1,730 (€2.64/kg).
This price is for cull cows of all breeds, but any younger, well-muscled, beef-sired cull cow is making much more than this.
Demand
If we look at the top third of lots sold, the average price rises to a massive €2.21/kg. However, prices of up to €2.66/kg were seen in the last seven days.
This was paid for an 826kg Belgian Blue cow that sold for €2,200.
Mart managers are reporting a significant increase this year in the number of fed steers and heifers heading to the mart instead of direct slaughter.
This increase in numbers has been met with a phenomenal demand, with heifer prices at an all-time high.
For the top third of heifers sold weighing in excess of 600kg, Martbids data shows that the average price stands at a massive €2.61/kg.
This means a better quality heifer weighing 700kg is on average making €1,827 in marts.
At a kill-out of 55%, the same heifer would need to make €4.75 as a base in factories to just break even with the marts.
Factory agents and northern buyers are continuing to fight it out at the ringside to secure fit stock for slaughter.
This strong presence nationwide is leading to a continued increase in price for fed cows, steers and heifers.
Cull cows once again hit over €2,000 on occasion in marts across the country in the past week.
Overall, average cull cow prices rose by 9c/kg on the week to settle at an impressive €1.87/kg, according to Martbids data.
This March 2020-born Charolais heifer was champion on the day and weighed 655kg and sold for €1,730 (€2.64/kg).
This price is for cull cows of all breeds, but any younger, well-muscled, beef-sired cull cow is making much more than this.
Demand
If we look at the top third of lots sold, the average price rises to a massive €2.21/kg. However, prices of up to €2.66/kg were seen in the last seven days.
This was paid for an 826kg Belgian Blue cow that sold for €2,200.
Mart managers are reporting a significant increase this year in the number of fed steers and heifers heading to the mart instead of direct slaughter.
This increase in numbers has been met with a phenomenal demand, with heifer prices at an all-time high.
For the top third of heifers sold weighing in excess of 600kg, Martbids data shows that the average price stands at a massive €2.61/kg.
This means a better quality heifer weighing 700kg is on average making €1,827 in marts.
At a kill-out of 55%, the same heifer would need to make €4.75 as a base in factories to just break even with the marts.
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