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Beef & Sheep Update 6th March

Cattle and Sheep in Wicklow field

Beef Update

IFA will hold an online meeting for beef farmers next Tuesday, March 9th.

IFA President Tim Cullinan will chair the meeting, which comes at a very difficult time for beef finishers in particular.

The meeting will hear a presentation by the Senior Policy Executive for Livestock Tómas Bourke and from the National Livestock Chairman Brendan Golden.

The registration details can be found here.

Beef Price Update 04/03/21

Prices up 5/10c/kg. Steer base €3.75/3.80kg. Heifers €3.80/3.85kg.

Higher deals. Market strong. Y Bulls R/U €3.70/3.90kg.

Supply Figures as Reported by DAFM  – Week 8 (22.02.2021)

AnimalNumberChange prev. wk.% of totalYTDYTD Change
Y Bulls2,869▼-755 9%27,563▼-10,895 
Veal-Z53▼-21 0%350▲26

Official Irish Prices as Reported by DAFM – Week 8 (22.02.2021)

c/kg(Incl. VAT)U3Change prev. wk.R3Change prev. wk.O3Change prev. wk.P+3Change prev. wk.
Steers407▲0395▼-1 379▲1348▲0
Heifers415▼-2 400▲0386▲2342▲4
Y Bulls390▲2376▲2360▲1347▲1

Official GB Prices as Reported by AHDB

 SteersSteersHeifersHeifersY bullY bullCow
Change▲1▲3▼-1 ▲1▲3▲4▲1
Price in c/kg (Incl. VAT)469.1473.1467.7472.1458.5454.7334.4

Sheep Update

IFA National Chairman Sean Dennehy said QA hoggets are making €7.00 to 7.15kg with deals to €7.20/kg. Higher deals available for larger lots and groups.  Prices are driven by very strong demand and tight supplies of finished hoggets. Factory agents are very active in marts and competing strongly with wholesalers for the limited supplies that are available. Cull ewes are making €2.80 to €3.20/kg

Sean Dennehy said orderly marketing is important to maximise returns. Farmers should sell hard while moving hoggets as they become fit.

Lamb Price Update 04/03/21

QA Hoggets €6.90/7.00kg. Up to €7.20kg.

Higher deals for groups and larger lots. Strong demand. Ewes €2.80/3.20kg.

Supply Figures as Reported by DAFM – Week 8 (22.02.2021)

AnimalFigureChangeYTDYTD Change
Lambs/Hoggets37,218▼-2,931 324,281▼-20,289 
Spring Lambs0▲00▲0
Ewes and Rams6,231▲2246,305▼-8,701 
Light Lambs11▲1034▲31
TOTAL43,460▼-2,899 370,620▼-28,959 

Official Irish Prices as Reported by DAFM – Week 8 (22.02.2021)

c/kg (Incl. VAT)Week 8Change prev. wk2020Change prev. yr
National Avg Price655.85▲30535.94▲120
YTD Avg605.03▲7498.74▲106

Official GB Prices as Reported by AHDB

 R3L Overall SQQ*Type of lamb
20.02.2021611.4609.1Old season
27.02.2021616.7613.9Old season
Price in c/kg (Incl VAT)757.3753.8 

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