BEEF & SHEEP UPDATE 9th OCTOBER

Home
Sectors
Cattle
BEEF & SHEEP UPDATE 9th OCTOBER
09 Oct 2020

BEEF & SHEEP UPDATE 9th OCTOBER

Cattle, Prices, Sheep

Charter Meeting Update

IFA National Livestock Chairman Brendan Golden said that any issues with the BDGP scheme must be resolved and payments to farmers must be paid without delay in December.
The Department confirmed that 28,095 farmers have applied for the COVID-19 Beef Finisher Payment (BFP) equating to approximately €46m. Brendan Golden called on the Dept to include cattle slaughtered in Northern Ireland.
IFA Deputy President Brian Rushe has received assurances from the Department of Agriculture that the 70% advance on the BPS will commence on Fri, October 16th


BEEF MARKET UPDATE

Latest Beef Price Update 9th October 2020:

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

Week 40 Slaughter Figures
28/09/2020 – 04/10/2020
Animal Numbers % of Total Kill % Change from prev. Week
Steers 16, 889 47% +3.7%
Heifers 9,444 27% +3.1%
Young Bulls 1,379 4% +6.9%
Cows 7,274 20% +14.4%
Total 35,627 +5.3%
Year to Date Slaughter Figures
  Numbers Change from 2019
TOTAL 1,357,637 +3.7%

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 €3.80 -0.3% R3 Steers £3.75 +0.3% €4.34
R3 Heifers €3.83 +0.3% R3 Heifers £3.74 0% €4.33
Y Bulls O €3.42 -0.9% Y Bulls O £3.49 +0.58% €4.04
R €3.65 +0.6% R £3.69 1.9% €4.27
U €3.77 -0.3% U £3.72 0% €4.31
Cows O €3.11 +0.3% Cows O £2.79 0% €3.23
R €3.31 +0.3% R £2.90 0.4% €3.36

Source: DAFM Average Prices, AHDB Deadweight Cattle Price Report


Source: European Commission

Live Exports:

3,069 cattle were exported in the week commencing 21/9/2020.
1,388 to EU (Except NI). Live exports for 2020 amount to 222,456 compared to 256,653 in 2019.


SHEEP MARKET UPDATE

Latest Lamb Price Update 9th October 2020:

Lambs steady. QA lambs €5.20/5.30. Producer groups on more. Weights up to 22kg.  Ewes unchanged €2.60/2.80.

Week 40 Slaughter Figures 28/09/2020 – 04/10/2020
Animal Numbers % Change from prev. Week % Change from same week 2019
Sheep 62,748 +3% -3.9%
Year to Date Slaughter Figures
  Numbers Change from 2019
TOTAL 2,183,480 +6%

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 €4.90 +20% Lamb £4.63 €5.36

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.

Copyright 2020 © - The Irish Farmers Association - Web Design Dublin by Big Dog
Top