Beef Update
IFA Livestock Chairman Declan Hanrahan said attempts by factories to further reduce cattle is unacceptable. He said supplies of cattle here and across the EU and UK are projected to be down this year with demand outstripping supply which will create opportunity for strong beef prices here. Factories are concerned about supplies and actively sourcing cattle to fill orders and are frequently calling finishers to see what’s available to them in the coming weeks. There is a 5c/kg to 10c/kg difference between quoted and paid prices and this is evident in marts where prices are exceeding what they are offering in a lot in instances. Factories are paying from €7.20kg to €7.40kg for steers and €7.30kg to €7.50kg for heifers. Young bulls are making from €7.40kg to €7.60kg. Cull cows are ranging from €6.40kg to €7.20kg depending on the grade. Declan Hnarahan said farmers should reject the negative propaganda from factories and their agents. Supplies are tight, demand is strong and factories are very anxious for cattle he said.
Beef Price Update 19/06/2025
Base Steer €7.20/7.40kg. Heifers €7.30/7.50kg. Higher deals and flat prices for larger and specialist lots. Y Bulls R/U €7.40/7.60Kg. Cows €6.40/7.20kg.
Supply Figures as Reported by DAFM – WK 24 (15.06.2025)
| Animal | Number | Change prev wk | % of total | YTD | YTD Change |
| Y Bulls | 2,901 | ▲132 | 10% | 56,443 | ▼-3,077 |
| Bull | 537 | ▼-146 | 2% | 11,701 | ▼-1,081 |
| Steer | 10,094 | ▼-158 | 35% | 298,251 | ▲11,992 |
| Cow | 7,041 | ▲286 | 24% | 183,083 | ▼-14,716 |
| Heifer | 8,529 | ▲569 | 29% | 260,461 | ▲24,413 |
| Veal-V | 8 | ▼-80 | 0% | 2,663 | ▼-16,417 |
| Veal-Z | 23 | ▼-25 | 0% | 1,493 | ▲397 |
| Total | 29,133 | ▲578 | 100% | 814,095 | ▲3,665 |
Official Irish Prices as Reported by DAFM – WK 24 (15.06.2025)
| c/kg (Incl. VAT) | U3 | Change prev wk | R3 | Change prev wk | O3 | Change prev wk | P+3 | Change prev wk |
| Steers | 785 | ▼-8 | 774 | ▼-12 | 769 | ▼-12 | 730 | ▼-13 |
| Heifers | 805 | ▲0 | 793 | ▲0 | 784 | ▲0 | 736 | ▲0 |
| Y Bulls | 777 | ▼-8 | 736 | ▼-38 | 749 | ▼-9 | 742 | ▲0 |
| Cows | 0 | ▲0 | 726 | ▼-9 | 686 | ▼-12 | 674 | ▼-8 |
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 |
| 07/06/2025 | 659 | 665.5 | 655.4 | 663.3 | 647.9 | 649.9 | 542.3 |
| 14/06/2025 | 649.8 | 653.7 | 648.1 | 654.0 | 637.7 | 645.0 | 536.1 |
| Change | ▼-9 | ▼-12 | ▲4 | ▼-9 | ▼10 | ▼-5 | ▼-6 |
| Price in c/kg (Incl VAT) | 816.9 | 821.8 | 814.8 | 822.2 | 801.7 | 810.9 | 674.0 |
Euro Price for the Most Recent Week (€/KG Deadweight excl. VAT)
| Country & Type | 04.06.2023 | 03.06.2024 | 07.06.2025 |
| EU + Y Bulls | €4.91 | €4.90 | € 6.23 |
| IE + Steers | €5.32 | €5.19 | € 7.48 |
| UK + Steers | €5.21 | €5.67 | € 7.74 |
Live Cattle Exports 2nd June
Sheep Update
IFA Sheep Chairman Adrian Gallagher said lamb numbers remain tight as overall throughput falls over 10,000 head in the past week. He said hogget numbers are dropping off on a weekly basis and with no surge of spring lamb coming to market numbers are expected to be tight in the coming weeks. This trend is replicated across the EU as production is projected to be 9% lower in the second half of 2025 compared with the same period in 2024. Total throughput remains well below last year’s levels with over 180,000 head less sheep processed in comparison to the same period last year. This week factory prices for spring lambs range from €8.70kg to €9.00kg with higher deals for groups and larger lots. Hoggets are making from €7.20kg to €7.40kg. Cull ewe prices range from €4.60kg to €5.20kg. Adrian Gallagher said farmers should sell hard and move lambs as they become fit.
Lamb Price Update 20/06/2025
Hoggets €7.20kg/7.40kg. Spring lambs €8.70kg to €9.00kg. Higher deals groups/larger lots. Ewes €4.60/5.20/kg.
Supply Figures as Reported by DAFM – WK 24 (15.06.2025)
| Animal | Figure | Change | YTD | YTD Change |
| Lambs/Hoggets | 8,273 | ▼-7,989 | 744,663 | ▼-136,706 |
| Spring Lambs | 26,511 | ▼-3,829 | 144,319 | ▼-11,395 |
| Ewes and Rams | 4,743 | ▲1,497 | 76,463 | ▼-33,955 |
| Light Lambs | 1 | ▼-7 | 100 | ▲15 |
| TOTAL | 39,528 | ▼-10,328 | 965,545 | ▼-182,041 |
Official Irish Prices as Reported by DAFM – WK 24 (15.06.2025)
| c/kg (Incl. VAT) | This week | Change prev. wk | 2024 | Change prev. yr |
| National Avg Price | 823.13 | ▲9 | 862.5 | ▼-39 |
| YTD Avg | 868.39 | ▼-2 | 809.94 | ▲58 |
Official GB Prices as Reported by AHDB
| R3L | Overall SQQ* | Type of lamb | |
| 07/06/2025 | 748.1 | 748.3 | New season Lamb |
| 14/06/2025 | 724.7 | 724.2 | New season Lamb |
| Change | ▼-23 | ▼-24 | |
| Price in c/kg (Incl VAT) | 889.9 | 889.3 | 1 |
Live Sheep Exports 2025
