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Beef & Sheep Update 27th September

Cattle and Sheep in Wicklow Field, Ireland

Beef Update

IFA Livestock Chairman Declan Hanrahan said cattle prices remain steady this week. He said its anticipated demand will increase further in the coming weeks with supplies of finished cattle predicted to tighten in the next number of weeks and months. Farmers are advised to shop around with prices up to 10c/kg in the difference between quoted and paid prices for all types of cattle. The mart trade for forward store and finished cattle s strong and providing a real competitive alternative for farmers unable to secure the higher end factory prices. He said this week steers are making from €5.05kg to €5.15kg and heifers €5.10kg to €5.20kg. Young bulls R and U grades are making from €5.10kg to €5.30kg. Cull cows are ranging from €4.30kg to €4.90kg depending on the grade.

Beef Price Update 27/09/2024

Base Quotes Steer €5.05/5.15kg. Heifers €5.10/5.20kg. Higher deals and flat prices for larger and specialist lots. Y Bulls R/U €5.10/5.30Kg. Cows €4.30/4.90kg.

Supply Figures as Reported by DAFM – WK 38 (22.09.2024)

AnimalNumberChange prev wk% of totalYTDYTD Change
Y Bulls1,265▲2003%82,242▼-7,241 
Bull497▼-94 1%22,090▲721
Steer17,714▼-460 46%481,140▼-10,044 
Cow8,013▼-113 21%312,749▲31,122
Heifer10,871▲39328%364,174▲12,282
Veal-V102▲760%20,159▼-10,398 
Veal-Z13▼-10 0%1,411▲157
Total38,475▼-8 100%1,283,965▲3,665

Official Irish Prices as Reported by DAFM – WK 38 (22.09.2024)

c/kg (Incl. VAT)U3Change prev wkR3Change prev wkO3Change prev wkP+3Change prev wk
Steers539▲0528▼-1 512▼-3 484▼-1 
Heifers545▲1533▲0522▼-1 481▲3
Y Bulls531▼-1 524▲1505▼-3 495▲3
Cows0▲0493▲2458▲0441▼-2 

Official GB Prices as Reported by AHDB

 SteersSteersHeifersHeifersY bullY bullCow
p/kgR3R4LR3R4LR3R4L-O4L
14/09/2024509.7513.9509512.8502499.5386.9
21/09/2024512.9516.6509.0514.1500.7489.8386.3
Change▲3▲3▲512▲1▼-1 ▼-10 ▼-1 
Price in c/kg (Incl VAT)629.8634.3628.4631.3614.8601.4474.3

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

Country & Type10.09.202209.09.202314.09.2024
EU + Y Bulls€ 4.99€ 4.84€ 5.17
IE + Steers€ 4.79€ 4.65€ 5.06
UK + Steers € 5.08€ 5.44€ 5.96

Live cattle exports 9th September

Source: Bord Bia

Sheep Update

IFA National Sheep Chair Adrian Gallagher has called for immediate and more meaningful action from Government, following another devastating dog attack on sheep on the Dublin-Wicklow border in the last week. Over 15 sheep with killed in the attack, with some being put down by a local vet due to the severity of their injuries. The dog was caught and the owner has been identified and authorities are dealing with the incident. He said dog owners should be aware they are liable for the damage and losses caused by their dogs when cattle and sheep are worried or killed. Dog attacks on livestock has reached unprecedented levels, causing immense distress and financial losses for the effected farmers. Adrian Gallagher has called on both Minister’s with responsibility in this area to ensure there is robust structures in place to deal with these dogs and their owners who are shirking their responsibilities as dog owners. The IFA National Sheep Chair said the level of sanctions that are been applied do not reflect the savagery and trauma these uncontrolled dogs are causing.

Lamb Price Update 27/09/2024

Spring Lamb €7.30kg/7.60kg. Weights to 22.5kg. Higher deals groups/larger lots. Ewes €3.80/4.20/kg.

Supply Figures as Reported by DAFM – WK 38 (22.09.2024)

AnimalFigureChangeYTDYTD Change
Lambs/Hoggets230▲79896,858▼-83,636 
Spring Lambs49,814▲877777,898▼-77,099 
Ewes and Rams7,490▼-669 200,299▼-28,071 
Light Lambs1▲1108▼-26 
TOTAL57,535▲2881,875,163▼-188,832 

Official Irish Prices as Reported by DAFM – WK 37 (15.09.2024)

c/kg (Incl. VAT)This week Change prev. wk2023Change prev. yr
National Avg Price861.14▲0675.73▲98
YTD Avg733.19▼-2 624.81▲112

Official GB Prices as Reported by AHDB

 R3L Overall SQQ*Type of lamb
14/09/2024643.7642.9New season Lamb
21/09/2024641.8641.1New season Lamb
Change▼-2 ▼-2  
Price in c/kg (Incl VAT)788.1787.21

Live Sheep exports 30th June 2024

Source: Bord Bia

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