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Deadweight cattle prices finally break the £4/kg barrier
Wednesday, 21 April 2021
By Chris Gooderham
Deadweight cattle prices rose above £4/kg for the first time this week, with the GB all-prime average gaining 4.4p to reach 403.7p/kg for the week ending 17 April. This is nearly 80p/kg more than the equivalent week in 2020, when prices were falling sharply.
Estimated prime slaughter during the week totalled 32,300 head, 9.6% higher than the week before and 9.5% above the same week last year. However, both comparison weeks contained a bank holiday due to Easter.
GB deadweight prime cattle price movements (w/e 17 April):
- All prime: 403.7p/kg up 4.4p
- Steers (overall): 403.9p/kg up 3.7p
- Steers (R4L): 413.8p/kg up 5.0p
- Heifers (overall): 404.6p/kg up 5.6p
- Young bulls (overall): 395.7p/kg up 3.1p
Cow trade also rose, with the overall GB price up another 2.5p to 276.4p/kg. Those meeting –O4L spec gained 5.3p on the week to reach 295.6p/kg. Numbers slaughtered rose compared with last week and last year, at 9,700 head. That is 18% above last week, and 8% above the same week last year, but such comparison should be treated with caution due to the bank holidays in both the comparison weeks.
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