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Beef & Sheep Update 15th October

Sheep and Cattle in Wicklow

Beef Update

IFA livestock chairman Brendan said the roll over of the suckler cow schemes, BDGP and BEEPs, is welcome in Budget 2022. 

However, the IFA livestock chairman said it is disappointing a pilot cattle rearing and finishing scheme was not provided for 2022 to build towards the provision of a scheme for all cattle rearers and finishers in the new CAP. Brendan said the critical issue now for the 2022 suckler cow schemes is ease of access for farmers to these schemes and the facilitation of farmers who had issues with the schemes in the past for the coming year.

Beef Price Update 14/10/21

Steer Base €4.20/4.30kg. Heifers €4.25/4.35kg. Higher deals larger lots. Y Bulls R/U €4.15/4.30Kg. Cows €3.50/4.00kg.

Supply Figures as Reported by DAFM  – Week 40 (04.10.2021)

AnimalNumberChange prev. wk.% of totalYTDYTD Change
Y Bulls1,332▼-192 4%98,401▼-12,549 
Steer17,191▼-681 48%518,212▼-9,491 
Veal-V12▼-24 0%20,803▼-5,881 

Official Irish Prices as Reported by DAFM – Week 40 (04.10.2021)

c/kg (Incl. VAT)U3Change prev wkR3Changeprev wkO3Changeprev wkP+3Changeprev wk
Steers451▼-1 441▲0421▼-1 391▼-3 
Heifers458▼-1 446▲0432▼-3 392▲1
Y Bulls433▲0424▲0407▼-1 385▼-12 

Official GB Prices as Reported by AHDB

 SteersSteersHeifersHeifersY bullY bullCow
Change▼-1 ▼-0 ▲1▼-0 ▲1▼-5 ▼-1 
Price in c/kg (Incl VAT)523.5527.2524.6526.2516.4508.6368.8

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

Country & Type05.10.201903.10.202002.10.2021
EU + Y Bulls€ 3.53€ 3.51€ 4.03
IE + Steers€ 3.47€ 3.62€ 4.18
UK + Steers € 3.68€ 4.05€ 4.82

Live Exports W/C 27.09.2021

Source: Bord Bia

Sheep Update

IFA sheep committee chairman Sean Dennehy said demand from factories is very strong for lamb this week with prices moving up by over 10c/kg. He said most lambs are now moving at prices of €6.35 to €6.45/kg with €6.50/kg and higher paid for larger lots of suitable lambs. Weights of 23kgs are being talked about and some deals are starting to be done at these levels. Cull ewe demand is not as strong in the factories this week. Sean Dennehy said farmers should continue to move lambs as they become fit while selling hard in a positive and strengthening market for sheep meat.

Lamb Price Update 14/10/21

Lamb €6.35/6.50kg. Weights 22kg. Higher deals for groups and larger lots. Strong demand sell hard. Ewes €3.00/3.30kg.

Supply Figures as Reported by DAFM – Week 40 (04.10.2021)

AnimalFigureChangeYTDYTD Change
Lambs/Hoggets101▼-437 697,441▼-91,107 
Spring Lambs53,509▲1,4751,111,895▲5,457
Ewes and Rams9,964▲813272,314▼-16,125 
Light Lambs3▲3121▲66

Official Irish Prices as Reported by DAFM – Week 40 (04.10.2021)

c/kg (Incl. VAT)WK  40Change prev. wk2020Change prev. yr
National Avg Price613.26▲7489.72▲124
YTD Avg660.13▼-1 521.13▲139

Official GB Prices as Reported by AHDB

 R3L Overall SQQ*Type of lamb
02/10/2021501.6502.3New season
09/10/2021521.9522.6New season
Price in c/kg (Incl VAT)656.1657.0 
Source: Bord Bia

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