Beef Update
IFA National Livestock Chairman Brendan Golden said cattle supplies are extremely tight.
Base prices for steers are ranging from €4.10 to €4.15/kg, with heifers ranging from €4.15 to €4.20/kg, higher prices are available for larger lots.
He said cull cows are starting at €3.30/kg for P grades and moving upwards depending on numbers, O grades are ranging from €3.60 to €3.75/kg with R and U grades from €3.70 to €3.90/kg.
Young Bulls are making €4.10/4.15/kg base for U 16 months with R and U grade bulls under 24 months €4.10 to €4.30/kg.
Beef Price Update 13/05/21
Steer base €4.10/4.15kg. Heifers €4.15/4.20kg. Higher deals larger lots. Market strong. Y Bulls R/U €4.10/4.30kg. Cows €3.30/3.90kg.
Supply Figures as Reported by DAFM – Week 18 (09.05.2021)
| Animal | Number | Change prev. wk. | % of total | YTD | YTD Change |
| Y Bulls | 2,421 | ▲146 | 9% | 51,161 | ▼-15,124 |
| Bull | 742 | ▲236 | 3% | 8,466 | ▼-2,556 |
| Steer | 10,099 | ▼-817 | 36% | 202,710 | ▼-9,241 |
| Cow | 6,984 | ▲877 | 25% | 112,825 | ▲3,402 |
| Heifer | 8,052 | ▼-548 | 28% | 169,751 | ▼-18,934 |
| Veal-V | 6 | ▼-344 | 0% | 20,449 | ▼-5,415 |
| Veal-Z | 15 | ▼-18 | 0% | 745 | ▲98 |
| Total | 28,319 | ▼-468 | 100% | 566,107 | ▼-47,770 |
Official Irish Prices as Reported by DAFM – Week 18 (09.05.2021)
| c/kg (Incl. VAT) | U3 | Changeprev wk | R3 | Changeprev wk | O3 | Changeprev wk | P+3 | Changeprev wk |
| Steers | 447 | ▲4 | 434 | ▲2 | 420 | ▲4 | 392 | ▲1 |
| Heifers | 452 | ▲2 | 439 | ▲4 | 425 | ▲3 | 386 | ▲6 |
| Y Bulls | 432 | ▲4 | 417 | ▲3 | 398 | ▲2 | 390 | ▼-1 |
| Cows | 0 | ▲0 | 379 | ▲6 | 357 | ▲3 | 346 | ▲3 |
Official GB Prices as Reported by AHDB
| Steers | Steers | Heifers | Heifers | Y bull | Y bull | Cow | |
| p/kg | R3 | R4L | R3 | R4L | R3 | R4L | -O4L |
| 01.05.2021 | 413 | 418.4 | 412.6 | 419.2 | 408.7 | 415.4 | 297 |
| 08.05.2021 | 411.6 | 416.7 | 410.9 | 416.1 | 407.3 | 407.3 | 296.1 |
| Change | ▼-1 | ▼-2 | ▼-2 | ▼-3 | ▼-1 | ▼-8 | ▼-1 |
| Price in c/kg(Incl VAT) | 505.4 | 511.7 | 504.5 | 510.9 | 500.1 | 500.1 | 363.6 |
Euro Price for the Most Recent Week (€/KG Deadweight excl. VAT)
| Country & Type | 27.04.2019 | 25.04.2020 | 24.04.2021 |
| EU + Y Bulls | € 3.63 | € 3.44 | € 3.83 |
| IE + Steers | € 3.70 | € 3.40 | € 4.04 |
| UK + Steers | € 4.03 | € 3.70 | € 4.69 |
Sheep Update
IFA National Sheep Committee Chairman Sean Dennehy said QA hoggets are making €7.40-7.50/kg, with deals to €7.60/kg.
Spring lambs are currently making €8.00-8.30/kg with weights to 21.5kg. Higher deals are available for groups and larger lots. Cull ewes are making from €3.20-€3.50/kg. “Factory demand is strong with numbers remaining tight”.
He said the mart trade continues to strengthen, with strong competition for the limited supply available. Farmers should sell hard, while moving lambs as they become fit.
Lamb Price Update 13/05/21
QA Hoggets €7.40/7.60kg. Spring Lamb €8.00/8.30kg. Deals on. Weight to 21.5kg. Numbers tight. Ewes €3.20/3.50kg.
Supply Figures as Reported by DAFM – Week 18 (09.05.2021)
| Animal | Figure | Change | YTD | YTD Change |
| Lambs/Hoggets | 18,307 | ▼-2,040 | 661,177 | ▼-80,243 |
| Spring Lambs | 20,194 | ▲4,797 | 53,040 | ▲21,174 |
| Ewes and Rams | 6,434 | ▼-201 | 97,154 | ▼-7,815 |
| Light Lambs | 0 | ▼-2 | 96 | ▲72 |
| TOTAL | 44,935 | ▲2,554 | 811,467 | ▼-66,812 |
Official Irish Prices as Reported by DAFM – Week 18 (09.05.2021)
| c/kg (Incl. VAT) | WK 18 | Changeprev wk | 2020 | Changeprev yr |
| National Avg Price | 745.75 | ▲15 | 565.8 | ▲180 |
| YTD Avg | 676.02 | ▲4 | 521.61 | ▲154 |
Official GB Prices as Reported by AHDB
| R3L | Overall SQQ* | Type of lamb | |
| 01.05.2021 | 649.8 | 644.3 | Old season |
| 08.05.2021 | 658.8 | 652.9 | Old season |
| Change | ▲9 | ▲9 | |
| Price in c/kg(Incl VAT) | 808.9 | 801.7 |
