2019 prices have increased by €120 to €180 per head with heavier bulls up by over €200 per head.\ Philip Doyle
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Weanling prices have hit a five-year high.
Farmers are securing €40 to €50 per head more for weanling bulls this year than in 2020 and almost €100 per head more for heifers, analysis of Irish Farmers Journal MartBids data shows.
When compared to the difficult trading conditions experienced in 2019, prices have increased by €120 to €180 per head, with heavier bulls up by over €200 per head.
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Farmers with better-quality stock are enjoying the biggest uplift as buyers pay an increased premium for U- and R-grading animals.
Data shows the price gap between the top third and bottom third of weanlings to be running at almost €300 per head, compared to a five-year average differential of €196 per head.
The increased demand for better-quality stock comes as CSO figures show the national suckler cow herd to have declined by 43,000 head.
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Weanling prices have hit a five-year high.
Farmers are securing €40 to €50 per head more for weanling bulls this year than in 2020 and almost €100 per head more for heifers, analysis of Irish Farmers Journal MartBids data shows.
When compared to the difficult trading conditions experienced in 2019, prices have increased by €120 to €180 per head, with heavier bulls up by over €200 per head.
Farmers with better-quality stock are enjoying the biggest uplift as buyers pay an increased premium for U- and R-grading animals.
Data shows the price gap between the top third and bottom third of weanlings to be running at almost €300 per head, compared to a five-year average differential of €196 per head.
The increased demand for better-quality stock comes as CSO figures show the national suckler cow herd to have declined by 43,000 head.
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