Beef Update
IFA Livestock Chairman Brendan Golden has welcomed the announcement by the Minister for Agriculture Charlie McConalogue that buyers can return to the mart ring from Mon, May 17th. “This is an important part of the re-opening of the country and it will help the normal flow of trade in marts, along with the online facilities that will remain in place,” he said. IFA raised the issue of allowing buyers and sellers into the marts at a recent meeting with the Tánaiste Leo Varadkar. He said the phased return to the normal operation of marts is a recognition of the responsible actions of farmers and marts throughout the lockdowns. He reminded everybody attending the marts to adhere strictly to the public health guidelines and controls that will be in place.
Beef Price Update 29/04/2021
Steer base €4.05/4.10kg. Heifers €4.15/4.20kg. Higher deals larger lots. Market strong. Y Bulls R/U €4.10/4.30kg. Cows €3.30/85kg.
Supply Figures as Reported by DAFM – Week 16 (25.04.2021)
| Animal | Number | Change prev. wk. | % of total | YTD | YTD Change |
| Y Bulls | 2,183 | ▲3 | 7% | 46,465 | ▼-15,325 |
| Bull | 644 | ▲147 | 2% | 7,218 | ▼-2,282 |
| Steer | 11,495 | ▲155 | 38% | 181,659 | ▼-10,512 |
| Cow | 6,753 | ▲127 | 22% | 99,734 | ▼-1,349 |
| Heifer | 9,061 | ▲95 | 30% | 153,099 | ▼-18,935 |
| Veal-V | 310 | ▼-398 | 1% | 20,093 | ▼-5,036 |
| Veal-Z | 57 | ▼-16 | 0% | 697 | ▲90 |
| Total | 30,503 | ▲113 | 100% | 508,965 | ▼-53,349 |
Official Irish Prices as Reported by DAFM – Week 16 (25.04.2021)
| c/kg (Incl. VAT) | U3 | Changeprev wk | R3 | Changeprev wk | O3 | Changeprev wk | P+3 | Changeprev wk |
| Steers | 439 | ▲7 | 427 | ▲7 | 411 | ▲8 | 382 | ▲8 |
| Heifers | 445 | ▲8 | 431 | ▲8 | 416 | ▲8 | 374 | ▲10 |
| Y Bulls | 420 | ▲6 | 411 | ▲9 | 394 | ▲6 | 385 | ▲2 |
| Cows | 0 | ▲0 | 374 | ▲10 | 349 | ▲9 | 338 | ▲7 |
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 |
| 17.04.2021 | 408.4 | 413.8 | 409.4 | 414.6 | 406.1 | 407.1 | 295.6 |
| 24.04.2021 | 411.1 | 415.9 | 411.3 | 416.5 | 407.8 | 409.7 | 295.3 |
| Change | ▲3 | ▲2 | ▲2 | ▲2 | ▲2 | ▲3 | ▼-0 |
| Price in c/kg(Incl VAT) | 499.0 | 504.8 | 499.2 | 505.5 | 495.0 | 497.3 | 358.4 |
Euro Price for the Most Recent Week (€/KG Deadweight excl. VAT)
| Country & Type | 20.04.2019 | 18.04.2020 | 17.04.2021 |
| EU + Y Bulls | € 3.62 | € 3.44 | € 3.80 |
| IE + Steers | € 3.66 | € 3.41 | € 3.97 |
| UK + Steers | € 4.01 | € 3.74 | € 4.66 |
Live Exports W/C 12.04.2021
Sheep Update
FA Sheep Chairman Sean Dennehy led an IFA delegation to meet ICM yesterday following the importation of 23t of sheep meat on Monday morning, which coincided with factories dropping the price of lamb. He said factory management were left in no doubt that undermining prices by importing product to fill orders will not be tolerated. He said factory management assured the meeting this product is re-exported, is fully compliant with the regulatory labelling requirements; and does not carry the Bord Bia QA logo. Sean Dennehy said It is up to our competent authorities – the DAFM and Bord Bia – to assure farmers this product is not misrepresented as Irish sheep meat.
Lamb Price Update 29/04/2021
QA Hoggets €7.20/7.50kg. Spring Lamb €7.60/8.00kg. Higher deals for groups and larger lots. Strong demand. Ewes €3.00/3.30kg.
Supply Figures as Reported by DAFM – Week 16 (25.04.2021)
| Animal | Figure | Change | YTD | YTD Change |
| Lambs/Hoggets | 25,217 | ▼-12,356 | 622,523 | ▼-56,338 |
| Spring Lambs | 8,317 | ▲3,072 | 17,449 | ▲6,466 |
| Ewes and Rams | 5,983 | ▲984 | 84,085 | ▼-8,722 |
| Light Lambs | 4 | ▼-1 | 94 | ▲76 |
| TOTAL | 39,521 | ▼-8,301 | 724,151 | ▼-58,518 |
Official Irish Prices as Reported by DAFM – Week 16 (25.04.2021)
| c/kg(Incl. VAT) | This week | Change prev wk | 2020 | Change prev yr |
| National Avg Price | 766.91 | ▼-12 | 567.27 | ▲200 |
| YTD Avg | 668.24 | ▲7 | 514.64 | ▲154 |
Official GB Prices as Reported by AHDB
| R3L | Overall SQQ* | Type of lamb | |
| 17.04.2021 | 683.9 | 679.5 | Old season |
| 24.04.2021 | 680.3 | 674.2 | Old season |
| Change | ▼-4 | ▼-5 | |
| Price in c/kg | 825.7 | 818.3 |
