BEEF & SHEEP UPDATE 28th AUGUST

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BEEF & SHEEP UPDATE 28th AUGUST
28 Aug 2020

BEEF & SHEEP UPDATE 28th AUGUST

Cattle, Prices, Sheep

Beef

  • Latest Beef Price Update: 27/08/2020. Steers €3.65/3.70. Heifers €3.65/3.75. Cows €3.00/3.50/kg.
  • Supplies. 34,359 cattle slaughtered in week 34 (17/08/2020 – 23/08/2020), of which steers were 16,928 (49%), heifers 9,168 (27%), young bulls 1,486 (4%) and cows 6,104 (18%). Total YTD slaughter is 1,120,898 compared to 1,146,908 in 2019, a 2.3% decrease.
  • Official Prices. Week 34 (17/08/20 – 23/08/20) Irish R3 steer prices were €87/kg incl vat. Heifers R3 €3.95/kg. Y Bulls O/R/U €3.49/€3.65/€3.79/kg. Cows O/R €3.10/3.32/kg.
  • GB Cattle Prices as Reported by AHBD. The average UK R3 steer price for last week was at £3.82/kg, equivalent to €4.27/kg
  • Official cattle prices reported to the EU Commission. Wk 34 (17/08/2020 – 23/08/2020). R3 Young Bulls c/kg excl vat; EU Average €3.50/kg, Ireland (R3 Steers) €3.74/kg, Germany €3.65/kg, France €3.62/kg, Spain €3.31/kg, Austria €3.50/kg Italy €3.47/kg, Poland €3.04/kg.
  • Live Exports. 2580 cattle were exported in the week ending 22/08/2020. 1,459 of which went to Northern Ireland.

BFP APPLICATIONS NOW OPEN!

  • IFA National Livestock Chairman Brendan Golden is encouraging farmers to apply for the Beef Finisher payment scheme without delay.
  • IFA has created a dedicated step-by-step guide to help farmers to apply to the scheme.
  • Closing date 9th September 2020.
  • Step by step guide available here.
  • Dedicated hub.

Sheep

  • Latest Lamb Price Update: 27/08/2020. QA lambs €5.20/5.30. Producer groups making up to €5.40. Ewes €2.65/2.85. Some plants freely paying to 21.5kgs.
  • Supplies: Week 34 (17/08/2020 –  23/08/2020). A total of 54,076 sheep were processed in Irish export plants. Sheep slaughterings for 2020 are 5% up on 2019 at 1,812,132 head.
  • Select and Sell. The advice is as always – move lambs as they become fit.
  • UK Lamb Prices. Lamb price for last week was £61/kg, which equates to €5.15/kg.
  • Live Trade: Total live exports stood at 1,835 head to the end of June 2020.
  • 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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