Beef & Sheep UpdateCattleCattle PricesSheepSheep Prices

Beef & Sheep Update 26th April

Cattle and Sheep in field, Wicklow, Ireland

Beef Update

IFA Livestock Chairman Declan Hanrahan said factories must do more for farmers on beef price. He said beef farmers with cattle to sell now have made huge investments over the past number of months to have cattle ready for factories at this time of the year. Without these farmers factories would not be able to service our key markets with a guaranteed weekly supply of beef. He said its not acceptable how factories are treating farmers over the past number of weeks, dropping prices and slowing kills to manage the tight supplies. UK and EU prices are strong, beef supplies are tight with indications for further tightening of supplies here and across our key market in the coming weeks and months.  He said factories must step up and do more to ensure farmers production costs are fully reflected in beef prices. This week steers are making from €5.15kg to €5.25kg while heifers range from €5.20kg to €5.30kg. Cull cows are making from €4.30kg to €5.00kg. Young Bulls R/U are ranging from €5.25kg to €5.50kg.

Beef Price Update 25/04/2024

Base Quotes Steer €5.15/5.25kg. Heifers €5.20/5.30kg. Higher deals and flat prices for larger and specialist lots. Y Bulls R/U €5.25/5.50Kg. Cows €4.30/5.00kg.

Supply Figures as Reported by DAFM – WK 16 (21.04.2024)

AnimalNumberChange prev wk% of totalYTDYTD Change
Y Bulls1,703▼-246 5%39,593▼-1,652 
Steer12,603▼-198 37%195,227▲5,196
Cow8,019▼-97 24%138,553▲17,626
Heifer9,907▼-39 29%165,269▲8,196
Veal-V880▼-82 3%16,390▼-13,330 
Veal-Z32▼-6 0%859▲90
Total33,816▼-609 100%563,267▲3,665

Official Irish Prices as Reported by DAFM – WK 16 (21.04.2024)

c/kg (Incl. VAT)U3Change prev wkR3Change prev wkO3Change prev wkP+3Change prev wk
Steers552▼-2 546▲0535▲0503▲2
Heifers564▼-1 551▲0540▲0492▲3
Y Bulls543▲0532▲0514▼-4 504▼-8 

Official GB Prices as Reported by AHDB

 SteersSteersHeifersHeifersY bullY bullCow
Change▲0▲1▲0▲2▼-0 ▼-2 ▼-0 
Price in c/kg (Incl VAT)605.8608.9605.2609.7592.3588.7467.2

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

Country & Type09.04.202201.04.202306.04.2024
EU + Y Bulls€ 5.17€ 5.02€ 5.04
IE + Steers€ 4.78€ 5.28€ 5.19
UK + Steers € 5.19€ 5.62€ 5.69

Live Cattle Exports W/C 15.04.2024

Source: Bord Bia

Sheep Update

Acknowledging the launch of the awareness campaign for dog owners by Minister Heather Humphries, IFA Sheep chair Adrian Gallagher said the campaign is important to remind dog owners of their responsibilities. He said the campaign rightly identifies owners as those ultimately responsible for the actions and behaviour of their dogs, and for ensuring their dogs are under effective control at all times. “The irresponsible behaviour of some owners has and continues to cause devastation on sheep farms. This is unacceptable and must stop. IFA will continue with our policy of ‘No Dogs Allowed’ on or near lands where animals are kept as this is the only way to prevent the horrific attacks on sheep that occur across the country. “The awareness campaign launched by the Minister is certainly helpful, but in reality, we need much more robust enforcement on the ground of the obligations of dog owners,” he said.

Lamb Price Update 25/04/2024

Hogget’s €9.50/9.80/kg up to €9.80kg. Weights to 24kg. Spring Lamb €9.70/10.00kg. Weights to 21kg. Higher deals groups/larger lots. Ewes €4.10/4.40/kg.

Supply Figures as Reported by DAFM – WK 16 (21.04.2024)

AnimalFigureChangeYTDYTD Change
Lambs/Hoggets28,901▼-11,420 714,184▼-66,878 
Spring Lambs1,925▲58613,819▲2,723
Ewes and Rams3,702▼-605 77,380▼-7,136 
Light Lambs2▼-2 55▼-26 
TOTAL34,530▼-11,441 805,438▼-71,317 

Official Irish Prices as Reported by DAFM – WK 16 (21.04.2024)

c/kg (Incl. VAT)This week Change prev. wk2023Change prev. yr
National Avg Price861.14▲43675.73▲188
YTD Avg733.19▲11624.81▲122

Official GB Prices as Reported by AHDB

 R3L Overall SQQ*Type of lamb
13/04/2024856.6850.7Old season lamb
20/04/2024866.1860.5Old season lamb
Price in c/kg (Incl VAT)1063.51056.6 

Live Sheep Exports March 31st 2024

Source: Bord Bia

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