BEEF & SHEEP UPDATE 18th SEPTEMBER

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BEEF & SHEEP UPDATE 18th SEPTEMBER
18 Sep 2020

BEEF & SHEEP UPDATE 18th SEPTEMBER

Cattle, Prices, Sheep

2020 ANC Payments

The rollout of ANC payments to 86,000 farmers commenced this week.
The payments currently issuing are an 85% advance payment and the balancing 15% will be paid out in December.
Farmers who do not currently meet the annual average stocking density of 0.15LU per forage hectare have until December 31st, 2020 to do so.
Outstanding stocking evidence should be provided to the DAFM Portlaoise Office for early release of payments.
Pay runs will continue in the coming weeks ensuring payment of cleared cases are paid out ASAP.


BEEF MARKET UPDATE

Latest Beef Price Update 17th September 2020:

Steers €3.60/3.65. Heifers €3.60/3.70. Y bulls €3.50/3.80. Cows €3.00/3.50/kg.

Week 37 Slaughter Figures

07/09/2020 – 13/09/2020

Animal Numbers % of Total Kill % Change from prev. Week
Steers 17,104 49% -0.7%
Heifers 8,852 25% -9.8%
Young Bulls 1,208 3% -4.4%
Cows 6,952 20% -4.8%
Total 34,832 4.1%
Year to Date Slaughter Figures
  Numbers Change from 2019
TOTAL 1,226,959 +1.3%

Source: DAFM Weekly Beef Slaughter Figures

Official Irish Prices   Official GB Prices
Animal Euro/Kg Change from prev. week Animal GBP/Kg Change from prev. week Euro/Kg
R3 Steers €3.82 +0.3% R3 Steers £3.77 -0.005% €4.13
R3 Heifers €3.83 0% R3 Heifers £3.76 -0.007% €4.12
Y Bulls O €3.36 -1.2% Y Bulls O £3.44 -0.019% €3.77
R €3.63 +0.8% R £3.68 -0.005% €4.04
U €3.74 -0.3% U £3.75 -0.007% €4.11
Cows O €3.08 +0.3% Cows O £2.86 -0.010% €3.14
R €3.29 0% R £2.95 -0.019% €3.23

Source: DAFM Average Prices, AHDB Deadweight Cattle Price Report

 

Source: European Commission

Live Exports:

2,288 cattle were exported in the week commencing 7/9/2020.

806 to EU (Except NI).

Live exports for 2020 amount to 216,516 compared to 246,430 in 2019.


SHEEP MARKET UPDATE

Latest Lamb Price Update 17th September 2020:

QA lambs €5.30/5.40. Some deals up to €5.50. Producer groups on up to €5.60. Ewes €2.60/2.85. Trade stable.

Week 37 Slaughter Figures

07/09/2020 – 13/09/2020

Animal Numbers % Change from prev. Week % Change from same week 2019
Sheep 61,840 +3.7% +40%
Year to Date Slaughter Figures
  Numbers Change from 2019
TOTAL 1,998,628 6.3%

Source: DAFM Meat Market Report, AHDB GB Deadweight Sheep Prices

Official Irish Prices Official GB Prices
  Euro/Kg % Change from same week in 2019   GBP/Kg Euro/Kg
Lamb €5.06 +21% Lamb £4.64 €5.09

Source: DAFM Meat Market Report

Source: European Commission

Live Trade: Total live exports stood at 23,749 head to the middle of September.

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

Imported Lambs: IFA actively pursuing the DAFM to publish statistics on lambs being imported into Ireland.


Masks Mandatory in Marts

The IFA are encouraging farmers to follow all Government guidelines to stay safe while trading in the mart. This includes practicing physical distancing, hand hygiene and wearing a mask in marts across the country. Wearing of face coverings is now mandatory in marts.

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