Beef & Sheep UpdateCattleCattle PricesSheepSheep Prices

Beef & Sheep Update 19th April

Cattle and Sheep in Wicklow Field, Ireland

Beef Update

IFA Livestock Chairman Declan Hanrahan said attempts by factories to reduce beef prices is unacceptable and must stop. He said there is no justification for downward pressure as prices in our key export markets remain strong driven by tight supplies and strong demand for beef. Factories trying to dampen beef prices show no regard to winter finishers who have made huge investments in finishing cattle over the winter period. Beef finishers should not be misled by these unjustified attempts and farmers should dig in and sell hard the IFA Livestock Chairman said. This week steers prices are making from €5.15kg to €5.30kg while heifers are making from €5.20 to 5.35kg. Young Bulls R/U are making from €5.25kg to €5.50kg. The cull cow trade is very strong with prices ranging from €4.30kg up to €5.00kg for quality U grade cows.

Beef Price Update 18/04/2024

Base Quotes Steer €5.15/5.30kg. Heifers €5.20/5.35kg. Higher deals and flat prices for larger and specialist lots. Y Bulls R/U €5.25/5.40Kg. Cows €4.30/5.00kg.

Supply Figures as Reported by DAFM – WK 15 (14.04.2024)

AnimalNumberChange prev wk% of totalYTDYTD Change
Y Bulls1,949▲2916%37,874▼-1,685 
Veal-V962▼-847 3%15,510▼-13,408 

Official Irish Prices as Reported by DAFM – WK 15 (14.04.2024)

c/kg (Incl. VAT)U3Change prev wkR3Change prev wkO3Change prev wkP+3Change prev wk
Steers554▲2546▲2535▼-5 501▼-2 
Heifers565▲1551▲0540▼-1 489▲2
Y Bulls543▼-1 532▼-1 518▲1512▲10
Cows0▲0488▼-1 443▲0424▲0

Official GB Prices as Reported by AHDB

 SteersSteersHeifersHeifersY bullY bullCow
Change▼-2 ▼-0 ▼-2 ▲0▲2▼-1 ▲1
Price in c/kg (Incl VAT)605.8607.6604.7607.6592.8590.5467.7

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

Country & Type02.04.202201.04.202306.04.2024
EU + Y Bulls€ 5.16€ 5.06€ 5.03
IE + Steers€ 4.76€ 5.26€ 5.21
UK + Steers € 5.08€ 5.57€ 5.69

Live Cattle Exports W/C 08.04.2024

Source: Bord Bia

Sheep Update

Following a number of dog attacks on sheep this week IFA Sheep Chairman Adrian Gallagher is again highlighting the urgent need for intervention to address the escalating issue of dog attacks on livestock. The attacks that occurred in Roscommon, Sligo and Tipperary this week resulted in significant losses for the effected farmers involved. He said these are not isolated incidents but part of a concerning trend that continues to devastate sheep farmers nationwide. IFA has continuously called for a centralised data base for all dogs correlating licensing and microchipping to identify the owner of the dog and to increase the number of dog wardens on the ground but this hasn’t happened. He said the lack of robust enforcement of existing laws continues to allow dogs to run riot on farms across the country. The Government and various state agencies with responsibilities in this area have failed to put appropriate sanctions in place to deal with irresponsible dog ownership and its unacceptable.

Lamb Price Update 18/04/2024

Hogget’s €9.40/9.60/kg up to €9.80kg. Weights to 24kg. Spring Lamb €9.50/9.80kg. Weights to 23kg. Higher deals groups/larger lots. Ewes €4.00/4.40/kg.

Supply Figures as Reported by DAFM – WK 15 (14.04.2024)

AnimalFigureChangeYTDYTD Change
Lambs/Hoggets40,321▼-2,570 685,283▼-42,440 
Spring Lambs1,339▲58211,894▲5,667
Ewes and Rams4,307▲75073,678▼-5,708 
Light Lambs4▼-1 53▼-21 
TOTAL45,971▼-1,239 770,908▼-42,502 

Official Irish Prices as Reported by DAFM – WK 15 (14.04.2024)

c/kg (Incl. VAT)This week Change prev. wk2023Change prev. yr
National Avg Price861.14▲9675.73▲173
YTD Avg733.19▲9624.81▲118

Official GB Prices as Reported by AHDB

 R3L Overall SQQ*Type of lamb
06/04/2024837.2829.5Old season lamb
13/04/2024856.6850.7Old season lamb
Price in c/kg (Incl VAT)1051.81044.6 

Live Sheep Exports March 31st 2024

Source: Bord Bia

Related Articles