Beef & Sheep UpdateCattleCattle PricesSheepSheep Prices

Beef & Sheep Update 9th October

Suckler Cows Wicklow Cattle

Beef Update

IFA Livestock Chairman Brendan Golden said beef prices have remained strong this week. A base price of €4.20 to €4.30/kg is available for steers and heifers are achieving €4.25 to €4.35/kg with higher prices available for larger lots. The IFA Livestock chairman said it is important that cattle are marketed as they become fit. “Farmers are reminded that if cattle aren’t fit for slaughter, the mart is a real viable option” he said. Factory agents remain very active around mart rings looking for cattle that require a short finish for their own feedlots. “All the market indicators are good, with both retail and food service demand up on 2019 levels” he said. 

Beef Price Update 07/10/21

Steer Base €4.20/4.30kg. Heifers €4.25/4.35kg. Higher deals larger lots. Y Bulls R/U €4.15/4.30Kg. Cows €3.60/4.00kg.

Supply Figures as Reported by DAFM – Week 39 (27.09.2021)

AnimalNumberChange prev. wk.% of totalYTDYTD Change
Y Bulls1,524▼-130 4%97,069▼-12,502 
Bull493▼-98 1%20,901▼-4,869 
Cow6,082▼-152 17%256,493▼-7,858 
Heifer9,735▼-515 27%353,775▼-29,967 
Total35,751▼-216 100%1,251,243▼-70,775 

Official Irish Prices as Reported by DAFM – Week 39 (27.09.2021)

c/kg (Incl. VAT)U3Change Prev wkR3Changeprev wkO3Change prev wkP+3Changeprev wk
Steers452▼-1 441▲0422▼-2 394▼-1 
Y Bulls433▼-3 424▼-1 408▼-2 397▼-4 

Official GB Prices as Reported by AHDB

 SteersSteersHeifersHeifersY bullY bullCow
Change▲0▼-1 ▼-2 ▼-1 ▲0▼-0 ▼-7 
Price in c/kg(Incl VAT)518.4521.2517.3520.3509.1509.1366.1

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

Country & Type28.09.201926.09.202025.09.2021
EU + Y Bulls€ 3.52€ 3.51€ 4.03
IE + Steers€ 3.49€ 3.62€ 4.18
UK + Steers € 3.71€ 4.05€ 4.82

Live Exports W/C 27.09.2021

Source: Bord Bia

Sheep Update

IFA Sheep Chairman Sean Dennehy said tight supply is driving on the lamb trade. “Factory agents have had   difficulty sourcing fit lamb this week which has pushed prices on” he said. €6.25 to €6.40/kg to 22kg is freely available for factory fit lamb. As always, better deals are available for groups and larger lots.

Where farmers are struggling to achieve high prices for lamb, they are reminded that the mart trade is also very strong and an option worth considering. The IFA Sheep Chairman said farmers should move lambs as they become fit, but to sell hard to maximise returns. Ewes are making €3.00 to €3.30kg.

Lamb Price Update 07/10/21

Lamb €6.25/6.40kg. Weights 22kg. Higher deals groups and larger lots. Sell Hard. Ewes €3.00/3.30kg.

Supply Figures as Reported by DAFM – Week 39 (27.09.2021)

AnimalFigureChangeYTDYTD Change
Spring Lambs52,034▲3,7631,058,386▲3,697
Ewes and Rams9,151▼-1,489 262,350▼-15,249 
Light Lambs0▼-1 118▲64

Official Irish Prices as Reported by DAFM – Week 39 (27.09.2021)

c/kg (Incl. VAT)WK 39 Change prev. wk2020Change prev. yr
National Avg Price606.69▲11492.66▲114
YTD Avg661.33▼-1 521.94▲139

Official GB Prices as Reported by AHDB

 R3L Overall SQQ*Type of lamb
25/09/2021494.1494.0New season
02/10/2021501.6502.3New season
Price in c/kg (Incl VAT)623.2624.0 
Source: Bord Bia

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