Beef & Sheep UpdateCattleSheep

Beef & Sheep Update 26th Feb

Sheep and Cattle in Wicklow

Beef Update

IFA Livestock chairman Brendan Golden said cattle prices are hardening driven by tight supplies and good market demand. He said bullocks are making €3.75 to €3.80/kg, heifers are making €3.80 to €3.85/kg. Factories are also offering increased breed bonuses over the past few days to secure cattle. Higher deals are available for larger and specialist lots. Strengthening sterling and strong performance of beef in supermarket sales is driving the trade. Factory agents are very active in marts and on the ground trying to secure supplies of finished cattle. Young Bulls are ranging from €3.60 to €3.85/kg for O/R/U grades. Cows are ranging from €3.00 and €3.50/kg

Beef Price Update 25/02/2021

Steer base €3.75kg. Heifers €3.80kg. Numbers tight. Higher deals. Y Bulls R/U €3.60/3.85kg. Cows €2.90/3.50kg.

Supply Figures as Reported by DAFM  – Week 7 (15.02.2021)

AnimalNumberChange prev. wk.% of totalYTDYTD Change
Y Bulls3624▲32511%24694▼-9,512 
Heifer9236▼-114 28%70709▼-7,952 

Official Irish Prices as Reported by DAFM – Week 7 (15.02.2021)

c/kg (Incl. VAT)U3Change prev. wk.R3Change prev. wk.O3Change prev. wk.P+3Change prev. wk.
Steers407▼-2 396▼-4 378▼-5 348▼-4 
Heifers417▼-2 400▼-4 384▼-6 338▼-6 
Y Bulls388▼-3 374▼-4 359▼-4 346▼-7 
Cows0▲0332▼-3 311▼-2 295▼-3 

Official GB Prices as Reported by AHDB

 SteersSteersHeifersHeifersY bullY bullCow
Change▲1▼-1 ▲0▲1▼-1 ▼-1 ▲2
Price in c/kg(incl VAT)462.6464.5463.3465.9450.1445.1329.3

Cattle Live Exports 08/02/202

Source: BordBia

Sheep Update

IFA Sheep committee chairman Sean Dennehy said QA Hogget’s are making €6.85-7.00/kg with higher deals for groups and larger lots. Cull ewes are ranging from €2.80-3.20/kg in general. 

He said factory demand is strong with numbers tight. Competition between factory agents and wholesalers in marts is ensuring mart prices are easily keeping pace and in cases surpassing what factories are offering some farmers.

Farmers are encouraged to sell hard while moving hogget’s as they become fit.

Lamb Price Update 25/02/2021

QA Hoggets €6.75/6.85kg. Higher deals for groups and larger lots. Demand strong. Ewes €2.80/3.10kg.

Supply Figures as Reported by DAFM – Week 7 (15.02.2021)

AnimalFigureChangeYTDYTD Change
Spring Lambs0▲00▲0
Ewes and Rams6209▲2,62940074▼-9,026 
Light Lambs1▼-8 23▲20

Official Irish Prices as Reported by DAFM – Week 7 (15.02.2021)

c/kg (Incl. VAT)Week 7 Change prev. wk2020Change prev. yr
National Avg Price626.08▲12518.58▲108
YTD Avg597.76▲5493.42▲104

Official GB Prices as Reported by AHDB

 R3L Overall SQQ*Type of lamb
13.02.2021594.3593.3Old season
20.02.2021611.4609.1Old season
Price in c/kg(incl VAT)742.1739.3 

Live Sheep Exports 2020

Source: Bord Bia

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