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Beef & Sheep Update 31st March

Cattle and Sheep in field, Wicklow, Ireland

Beef Update

IFA Livestock Chairman Brendan Golden said beef prices remain firm as factories actively seek suitable cattle on the ground. 

He said the low level of throughput continues leaving supplies of cattle extremely tight with the overall kill to date back 5,038 head in 2023. He said this is leading to more intense competition between factories for cattle and ensuring prices continue to improve.

Factories are paying €5.20kg to €5.30kg for steers and €5.25kg to €5.40kg for heifers. Cows range from €4.50 to €5.10kg. Young bulls are making from €5.10 to €5.60kg.

The IFA Livestock Chairman said farmers should shop around and sell hard while considering the mart outlet where prices for forward store, finished cattle and cows continue to compete and surpass what factories are offering in some instances.

Beef Price Update 30/03/2023

Base Quotes Steer €5.20/5.30kg. Heifers €5.25/5.40kg. Higher deals and flat prices for larger and specialist lots. Y Bulls R/U €5.10/5.60Kg. Cows €4.50/5.10kg.

Supply Figures as Reported by DAFM – WK 12 (26.03.2023)

AnimalNumberChange prev wk% of totalYTDYTD Change
Y Bulls2,038▼-7 6%34,728▼-4,245 
Steer11,257▼-315 34%140,706▼-3,813 
Veal-V2,852▼-14 9%23,448▲1,095

Official Irish Prices as Reported by DAFM – WK 12 (26.03.2023)

c/kg(Incl. VAT)U3Change prev wkR3Change prev wkO3Change prev wkP+3Change prev wk
Heifers570▲1556▲1547▼-1 498▲2
Y Bulls549▲1538▲1520▲1505▼-3 

Official GB Prices as Reported by AHDB

 SteersSteersHeifersHeifersY bullY bullCow
Change▲3▲2▲2▲3▲2▼-1 ▲0
Price in c/kg (Incl VAT)593.6594.7593.5595.9579.7574.2486.8

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

Country & Type13.03.202112.03.202218.03.2023
EU + Y Bulls€ 3.74€ 4.88€ 5.15
IE + Steers€ 3.80€ 4.65€ 5.25
UK + Steers € 4.49€ 4.98€ 5.54

Live Exports W/C 06.03.2023

Source: Bord Bia

Sheep Update

IFA Sheep Chairman Kevin Comiskey said the stronger regulations on dog controls that will go before Cabinet today will go some way to address the growing problem of dog attacks on livestock. “IFA had looked for a centralised database, larger fines and more dog wardens to enforce stricter controls. The authorities have been slow to bring in what was needed, but this would appear to be a step in the right direction,” he said. “Far too many farmers, particularly sheep farmers, are in fear of a dog attack and the devastation it can leave. I would hope the resources are made available to bring about changes,” he said “The recent incident in Wicklow would suggest there is still an issue among some recreational users,” he said. IFA began the ‘No Dogs Allowed’ campaign in 2021. He said all dog owners should take heed that they are fully liable for all damage and suffering caused to farmers and their sheep by their dogs. 

Lamb Price Update 30/03/2023

Lamb €6.70/7.00/kg. Higher deals groups/larger lots. Ewes €3.30/3.60/kg.

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

AnimalFigureChangeYTDYTD Change
Spring Lambs587▲571810▼-430 
Ewes and Rams4,377▲92767,112▲4,949
Light Lambs6▲444▲18

Official Irish Prices as Reported by DAFM – WK 12 (26.03.2023)

c/kg (Incl. VAT)WK 12 Change prev wk2022Change prev yr
National Avg Price654.49▲14705.22▼-51 
YTD Avg620.57▲3681.85▼-61 

Official GB Prices as Reported by AHDB

 R3L Overall SQQ*Type of lamb
18/03/2023526.6522.5Old season lamb
25/03/2023551.2548.2Old season lamb
Price in c/kg (Incl VAT)661.4657.8 

Live Sheep Exports 18.01.2023

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