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Beef & Sheep Update 14th January

Cattle and Sheep in Wicklow Field, Ireland

Beef Update

IFA livestock chairman Brendan Golden said cattle prices have moved on this week by 5 to 10c/kg. Despite lower quotes in some factories steers are making €4.30/kg to €4.45kg, heifers €4.35/kg to €4.50/kg. Cow prices are ranging from €3.60/kg for P grades to over €4.10/kg for R/U grades. Young bulls are making €4.20/kg to €4.40/kg. Demand for cows is particularly strong with prices increasing by over 10c/kg in some factories. He said prices in our key export markets have started the year strongly indicating the strength of market demand. Farmers should sell hard.

Beef Price Update 13/01/2021

Steer Base €4.30/4.45kg. Heifers €4.35/4.50kg. Higher deals larger lots. Y Bulls R/U €4.25/4.40Kg. Cows €3.60/4.10kg.

Supply Figures as Reported by DAFM – Week 1 (03.01.2022)

AnimalNumberChange prev. wk.% of totalYTDYTD Change
Y Bulls3030▲53811%3030▼-550 
Veal-V3▼-1 0%3▼-3 
Veal-Z25▼-8 0%25▼-11 

Official Irish Prices as Reported by DAFM – Week 1 (03.01.2022)

c/kg (Incl. VAT)U3Change prev wkR3Changeprev wkO3Changeprev wkP+3Changeprev wk
Steers462▼-2 453▼-2 440▲0407▼-1 
Heifers471▼-1 458▼-1 449▼-2 402▼-9 
Y Bulls442▲0434▲0420▼-2 414▲2
Cows0▲0403▼-5 374▲0357▼-1 

Official GB Prices as Reported by AHDB

 SteersSteersHeifersHeifersY bullY bullCow
Change▼-0 ▲1▲1▼-1 ▲3▼-4 ▲2
Price in c/kg (Incl VAT)522.3525.5521.7523.7511.0502.0358.4

Euro Price for the Most Recent Week (€/KG Deadweight excl. VAT)

Country & Type201904.01.202101.01.2022
EU + Y BullsFigures€ 3.67€ 4.45
IE + SteersNot€ 3.55€ 4.31
UK + Steers Available€ 3.96€ 4.89

Live Exports W/C 03.01.2022

Source: Bord Bia

Sheep Update

Reacting to the recent sheep kills reported throughout the country over the Christmas period, IFA Sheep Chairman Sean Dennehy said Government and the various state agencies with responsibility in this area continue to sit on their hands on the matter. IFA has met with Ministers Charlie McConalogue and Malcolm Noonan on the issue over the past year to have meaningful measures put in place to protect sheep farmers from the irresponsible behaviour of some dog owners. IFA launched a ‘No Dogs Allowed’ campaign in early 2021.  This campaign will continue until action is taken by Government to address this persistent problem. Sean Dennehy said the numbers of dog attacks on sheep is grossly under reported, due to the lack of action from authorities when sheep kills and sheep worrying are reported by farmers. This is unacceptable, government agencies with responsibility in this area must come forward with the necessary sanctions and controls for irresponsible dog owners he said.

Lamb Price Update 13/01/2021

Lamb €7.10/7.20/kg. Higher deals groups/larger lots. Ewes €3.20/3.50/kg. Sell hard.

Supply Figures as Reported by DAFM – Week 1 (03.01.2022)

Spring Lambs0▼-33,491 0▲0
Ewes and Rams3772▲9843772▼-2,618 
Light Lambs7▲77▲1

Official Irish Prices as Reported by DAFM – Week 1 (03.01.2022)

c/kg (Incl. VAT)WK 1Change prev wk2021Changeprev yr
National Avg Price702.82▲0561.03▲142
YTD Avg702.82▲38561.03▲142

Official GB Prices as Reported by AHDB

 R3L Overall SQQ*Type of lamb
01.01.2022617.3616.5Old season
08.01.2022615.8614.2Old season
Change▼-2 ▼-2  
Price in c/kg (Incl VAT)774.1772.1 

Live Sheep Exports 2021

Source: Bord Bia

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