CATTLE PRICE UPDATE

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CATTLE PRICE UPDATE
20 Feb 2017

CATTLE PRICE UPDATE

Cattle

IFA National Livestock Chairman Angus Woods has said cattle prices are steady at a base of €3.80 for steers and €3.90 for heifers, with some top prices of €3.95/kg paid for heifers.

He said beef cattle, including cows, are making strong trade in marts with factory buyers paying well above quoted price to stock.

The IFA Livestock leader said the official Department of Agriculture prices for week ending Feb 12th show that the average price paid for R3 steers was €3.89/kg and for heifers was €4.02/kg.

He pointed out that these prices included bonuses but are the average meaning that the factories actually paid more for half of the cattle purchased. He said the young bull prices were U3 €3.93/kg, R3 €3.80/kg and O3 €3.66/kg. Cows made €3.54/kg for Us, €3.44 for Rs, €3.18 for Os and €3.08 for P+s.

Official DAFM Beef Prices for w/e Feb 12th in c/kg including VAT

Grades U3 R3 O3 P+
Steers   389    
Heifers   402    
Young Bulls 393 380 366  
Cows 354 344 318 308
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