Beef & Sheep UpdateCattleSheep

Beef & Sheep Update 11th December

Cattle and Sheep in Wicklow field

Brexit

The UK accounts for 44% of all our beef exports and 20% of lamb exports. IFA’s Brexit Emergency Plan sets out six key measures that are needed to safeguard Irish and European agriculture:

  1. The EU and the UK must maintain the closest possible trading relationship, but the EU Single Market must be protected.
  2. It is essential to maintain a level playing field with corresponding standards on food safety, animal health and welfare and the environment
  3. Burdensome delays such as control of goods and sanitary and phytosanitary inspections and veterinary certificates which will lead to delays at borders and increase costs for both sides must be avoided.
  4. Access to the UK market must be tariff-free and quota-free
  5. There must be no return by the UK to a cheap food policy
  6. European Agri sector must be a priority for support from the €5bn Brexit Adjustment Reserve.

Beef Market Update

Beef Price Update 10/12/2020 

Steers €3.70/3.75/kg. Heifers €3.75/3.80/kg. YB €3.50-3.80/kg. Cows €2.90/3.40/kg. Numbers tight. Demand Strong.

Week 49 Supply Figures 30/11/2020 – 06/11/2020

Animal Numbers % of Total Supply% Change from prev. Week
Steers 11,87834%-2.6%
Heifers10,77231%-7.9%
Young Bulls3,1559%-5.3%
Cows8,05023%-6.1%
Total34,449 -5.5%
Source: DAFM Weekly Beef Slaughter Figures

Year to Date Supply Figures 

 Numbers Change from 2019 
TOTAL1,687,908+2.3%
Source: DAFM Weekly Beef Slaughter Figures

Official Irish Prices

AnimalEuro/Kg Change from prev. week
R3 Steers €3.92+1.3%
R3 Heifers€3.99+1.8% 
R3 Y Bulls€3.75+1.6%
R3 Cows€3.27+2.5%
Source: DAFM Meat Market Report

Official GB Prices

AnimalGBP/Kg Change from prev. week€/Kg vat incl. eq.
R3 Steers£3.79-3.3%€4.34
R3 Heifers£3.78-0.8%€4.33
R3 Y Bulls£3.61-3.5%€4.14
R3 Cows£2.650.0%€3.04
Source: AHDB Deadweight Cattle Price Report
Source: European Commission
Source: Bord Bia

Lamb Market Update

Lamb price update 10/12/2020

Price up. QA lambs €5.80kg to €5.90/kg. Up to equivalent of €6/kg paid. Ewes €2.80/3.00/kg. Mart trade strong.

Week 49 Supply Figures 30/11/2020 – 06/11/2020

Animal Numbers% Change from prev. Week% Change from same week 2019
Sheep 54,220+4.5%-16.6%
Source: DAFM Meat Market Report

Year to Date Supply Figures 

 NumbersChange from 2019 
TOTAL2,692,637+3%
Source: DAFM Meat Market Report

Official Irish Prices 

 Euro/Kg % Change from same week in 2019 
Lamb€5.26+17%
Source: DAFM Meat Market Report

Official GB Prices

 GBP/Kg €/Kg vat incl. eq.
Lamb£4.79€5.49
AHDB GB Deadweight Sheep Prices
Source: European Commission

Live Trade: Total live exports stood at 24,807 head to the 01 October 2020

Select and Sell: As always, the advice is to move lambs as they become fit


Related Articles