Charter Meeting Update
IFA National Livestock Chairman Brendan Golden said that any issues with the BDGP scheme must be resolved and payments to farmers must be paid without delay in December.
The Department confirmed that 28,095 farmers have applied for the COVID-19 Beef Finisher Payment (BFP) equating to approximately €46m. Brendan Golden called on the Dept to include cattle slaughtered in Northern Ireland.
IFA Deputy President Brian Rushe has received assurances from the Department of Agriculture that the 70% advance on the BPS will commence on Fri, October 16th
BEEF MARKET UPDATE
Latest Beef Price Update 9th October 2020:
Steers €3.60/3.65. Heifers €3.60/3.70. Y bulls €3.50/3.80. Cows €3.00/3.50/kg. Prices unchanged.
| Week 40 Slaughter Figures 28/09/2020 – 04/10/2020 |
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| Animal | Numbers | % of Total Kill | % Change from prev. Week |
| Steers | 16, 889 | 47% | +3.7% |
| Heifers | 9,444 | 27% | +3.1% |
| Young Bulls | 1,379 | 4% | +6.9% |
| Cows | 7,274 | 20% | +14.4% |
| Total | 35,627 | +5.3% | |
| Year to Date Slaughter Figures | |||
| Numbers | Change from 2019 | ||
| TOTAL | 1,357,637 | +3.7% | |
Source: DAFM Weekly Beef Slaughter Figures
| Official Irish Prices | Official GB Prices | ||||||||
| Animal | Euro/Kg | Change from prev. week | Animal | GBP/Kg | Change from prev. week | Euro/Kg | |||
| R3 Steers | €3.80 | -0.3% | R3 Steers | £3.75 | +0.3% | €4.34 | |||
| R3 Heifers | €3.83 | +0.3% | R3 Heifers | £3.74 | 0% | €4.33 | |||
| Y Bulls | O | €3.42 | -0.9% | Y Bulls | O | £3.49 | +0.58% | €4.04 | |
| R | €3.65 | +0.6% | R | £3.69 | 1.9% | €4.27 | |||
| U | €3.77 | -0.3% | U | £3.72 | 0% | €4.31 | |||
| Cows | O | €3.11 | +0.3% | Cows | O | £2.79 | 0% | €3.23 | |
| R | €3.31 | +0.3% | R | £2.90 | 0.4% | €3.36 | |||
Source: DAFM Average Prices, AHDB Deadweight Cattle Price Report
Source: European Commission
Live Exports:
3,069 cattle were exported in the week commencing 21/9/2020.
1,388 to EU (Except NI). Live exports for 2020 amount to 222,456 compared to 256,653 in 2019.
SHEEP MARKET UPDATE
Latest Lamb Price Update 9th October 2020:
Lambs steady. QA lambs €5.20/5.30. Producer groups on more. Weights up to 22kg. Ewes unchanged €2.60/2.80.
| Week 40 Slaughter Figures 28/09/2020 – 04/10/2020 | |||
| Animal | Numbers | % Change from prev. Week | % Change from same week 2019 |
| Sheep | 62,748 | +3% | -3.9% |
| Year to Date Slaughter Figures | |||
| Numbers | Change from 2019 | ||
| TOTAL | 2,183,480 | +6% | |
Source: DAFM Meat Market Report, AHDB GB Deadweight Sheep Prices
| Official Irish Prices | Official GB Prices | ||||
| Euro/Kg | % Change from same week in 2019 | GBP/Kg | Euro/Kg | ||
| Lamb | €4.90 | +20% | Lamb | £4.63 | €5.36 |
Source: DAFM Meat Market Report
Live Trade: Total live exports stood at 23,749 head to the middle of September.
Select and Sell: As always, the advice is to move lambs as they become fit.
