Beef & Sheep UpdateCattleSheep

Beef & Sheep Update 16th April

Cattle and Sheep in Wicklow Field, Ireland

Beef Update

IFA President Tim Cullinan held a meeting with the Tanáiste and Minister for Trade Leo Varadkar yesterday, at which he insisted that the Government must reject the proposed EU Commission trade deal with the Mercosur countrie. IFA National Livestock Chair Brendan Golden said it’s hugely hypocritical for the Commission to be preaching about the Farm to Fork and Green Deal strategies, while at the same time facilitating wide scale environmental degradation in South America. “The EU Commission cannot have it both ways. They expect the highest standards from farmers here, yet they are willing to sign a deal like this. If the ideals of the EU Commission are to stand for anything, this has to be stopped in its tracks,” he said.

Beef Price Update 15/04/21

Steer base €3.95/4.00kg. Heifers €4.00/4.10kg. Higher deals. Market strong. Y Bulls R/U €3.90/4.15kg. Cows €3.20/3.70kg.

Supply Figures as Reported by DAFM – Week 14 (05.04.2021)

AnimalNumberChange prev. wk.% of totalYTDYTD Change
Y Bulls2,166▼-79 7%42,102▼-15,275 
Steer11,600▼-96 39%158,824▼-12,248 
Cow5,906▼-279 20%86,355▼-6,607 
Heifer8,494▼-1,031 29%135,072▼-20,925 
Veal-V680▼-168 2%19,075▼-4,953 

Official Irish Prices as Reported by DAFM – Week 14 (05.04.2021)

c/kg (Incl. VAT)U3Change prev wkR3Change prev wkO3Change prev wkP+3Change prev wk
Y Bulls405▲3394▲3378▲3370▲3

Official GB Prices as Reported by AHDB

 SteersSteersHeifersHeifersY bullY bullCow
Price in c/kg(Incl. VAT)490.6496.2491.0496.0486.2488.3352.4

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

Country & Type13.04.201911.04.202010.04.2021
EU + Y Bulls€ 3.61€ 3.44€ 3.77
IE + Steers€ 3.65€ 3.45€ 3.90
UK + Steers € 3.99€ 3.79€ 4.64

Live Exports W/C 29.03.2021

Sheep Update

IFA National Sheep Chairman Sean Dennehy said hogget prices have hit €8.00/kg as factories struggle to match supplies with market demand. He said factories are paying €7.70-€8.00/kg for QA hoggets as Ramadan and strong supermarket sales of lamb drive the trade. Sean Dennehy said up to €8.50/kg is being paid for spring lamb. Cull ewes are ranging from €3.20-€3.50/kg in general. He said the strong factory demand is feeding through to the mart sales where agents and wholesalers are competing strongly for the limited numbers of hoggets, lambs and cull ewes available.  Prices are comparable to and in cases above what factories are offering some farmers.

Lamb Price Update 15/04/21

QA Hoggets €7.80/8.00kg. Spring Lamb €8.30/8.50kg. Higher deals for groups and larger lots. Strong demand. Ewes €3.20/3.50kg.

Supply Figures as Reported by DAFM – Week 14 (05.04.2021)

AnimalFigureChangeYTDYTD Change
Lambs/Hoggets31,435▼-4,991 559,733▼-46,952 
Spring Lambs2,497▲1,1073,887▲1,534
Ewes and Rams4,022▼-510 73,103▼-10,703 
Light Lambs3▼-3 85▲67
TOTAL37,957▼-4,397 636,808▼-56,054 

Official Irish Prices as Reported by DAFM – Week 14 (05.04.2021)

c/kg (Incl. VAT)Week 14Changeprev. wk2020Changeprev. yr
National Avg Price757.84▲34509.61▲248
YTD Avg653.27▲8508.55▲145

Official GB Prices as Reported by AHDB

 R3L Overall SQQ*Type of lamb
03.04.2021624.7619.3Old season
10.04.2021648.2646Old season
Price in c/kg(Incl VAT)786.8784.1 

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