Beef & Sheep UpdateCattleSheep

Beef & Sheep Update 19th Feb

Cattle and Sheep in Wicklow Field, Ireland

Beef Update

IFA Livestock Chairman Brendan Golden said market conditions for beef remains strong.  The Export Benchmark Price of €3.76/kg is steady, reflecting beef prices in our key export markets.

He said supplies of suitable cattle are tight.  When last week’s kill is corrected for finished cattle, the kill was 29,780, over 7,000 less than the corresponding week in 2020.  Attempts by factories to undermine the trade with lower quotes are unjustified and are meeting very strong resistance from farmers selling cattle. Prices have strengthened in the past few days steers are making €3.75 to €3.80/kg, Heifers €3.80 to €3.85/kg despite lower quotes.

Beef Price Update 18/02/2021

Steer base €3.70/3.75kg. Heifers €3.75/3.80kg. Higher deals. Y Bulls R/U €3.60/3.80kg. Cows €2.90/3.40kg. Market strong.

Supply Figures as Reported by DAFM – Week 6 (08.02.2021)

AnimalNumberChange prev. wk.% of totalYTDYTD Change
Y Bulls3299▼-138 11%21070▼-8,566 
Bull353▲251%1932▼-933 
Steer10706▼-466 34%65255▼-3,933 
Cow6072▲4419%37660▼-8 
Heifer9350▲8930%61473▼-5,489 
Veal-V1389▲1,1874%1669▲871
Veal-Z56▲300%223▲13
Total31225▲771100%189282▼-18,045 

Official Irish Prices as Reported by DAFM – Week 6 (08.02.2021)

c/kg (Incl. VAT)U3Changeprev. wk.R3Change prev. wk.O3Change prev. wk.P+3Change prev. wk.
Steers409▼-6 400▼-4 383▼-4 352▼-3 
Heifers419▼-4 404▼-5 390▼-6 344▼-6 
Y Bulls391▼-5 378▼-5 363▼-7 353▼-5 
Cows0▲0335▼-7 313▼-7 298▼-9 

Official GB Prices as Reported by AHDB

SteersSteersHeifersHeifersY bullY bullCow
p/kgR3R4LR3R4LR3R4L-O4L
06.02.2021383387.2383386.9375.9375.9265.5
13.02.2021380.6383.5381.4383372.2367.4269
Change▼-2 ▼-4 ▼-2 ▼-4 ▼-4 ▼-9 ▲4
Price in c/kg (incl VAT)462.0465.5462.9464.9451.8445.9326.5
Source: BordBia

Sheep Update

Sean Dennehy said there must be a national ownership database for all dogs that allows those responsible for them be identified.  There must also be appropriate sanctions to act as a deterrent for those who allow their animals to cause this devastation on sheep farms and there must be resources put in place to enforce these sanctions.

He said this is an issue that effects all sheep farmers and it’s not confined to people who are out walking dogs. Frequently, these attacks on sheep are as result of dog owners allowing their pets roam free while they are away at work, or at night time. Dog owners are responsible for having their dogs under control and must be accountable for them at all times.

Lamb Price Update 18/02/21

QA Hoggets €6.40/6.50kg. Higher deals for groups and larger lots. Ewes €2.80/3.10kg. Supplies tight.

Supply Figures as Reported by DAFM – Week 6 (08.02.2021)

AnimalFigureChangeYTDYTD Change
Lambs/Hoggets38108▲4,439246914▼-18,676 
Spring Lambs0▲00▲0
Ewes and Rams3580▼-1,318 33865▼-9,014 

Official Irish Prices as Reported by DAFM – Week 6 (08.02.2021)

c/kg(Incl. VAT)WK 6Changeprev. wk2020Changeprev. yr
Avg Mart Price529.20▼-4 468.55▲61
National Avg Price613.94▲10509.47▲104
YTD Avg593.05▲4489.23▲104

Official GB Prices as Reported by AHDB

R3L Overall SQQ*Type of lamb
06.02.2021581.9580.6Old season
13.02.2021594.3593.3Old season
Change▲12▲13
Price in c/kg(incl VAT)721.4720.1
Source: BordBia

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