Search our website enhanced by Google.
Deadweight prime cattle prices on the rise once again
Wednesday, 23 June 2021
By Chris Gooderham
After six consecutive weeks of decline, the GB deadweight prime cattle prices increased by 3.4p this week to reach 393.2p/kg, for the week ending 19 June. The higher prices reflect processors competing for tighter supplies, especially as some farmers have been kept busy cutting grass. The extension to the end of lockdown could also keep more demand in the UK during July than perhaps planned.
Increases were seen across all categories, with young bulls showing the largest increase.
GB deadweight prime cattle price movements (w/e 19 June):
- All prime: 393.2p/kg up 3.4p
- Steers (overall): 393.4p/kg up 2.6p
- Steers (R4L): 403.9p/kg up 2.8p
- Heifers (overall): 393.9p/kg up 3.6p
- Young bulls (overall): 390.4p/kg up 6.6p
The average all prime measure is now 32.7p above the price for the same week a year ago, and 42.4p above the five-year average.
GB abattoirs saw a slight drop in throughputs compared with the week before, with estimated prime down 2% at 30,600 head for the week. Numbers remain down on the same week last year, now by 7%.
Average cow prices also rose this week, continuing their recent run. The overall cow price was up 1.0p on the week to average 285.8p/kg. Animals achieving -O4L spec gained 5.2p to average 304.5p/kg.
Estimated GB cow slaughter was 8,600 head for the week, down 4% on the week before and still 21% lower than the same week a year ago.
Sign up for regular updates
You can subscribe to receive Beef and Lamb market news straight to your inbox. Simply fill in your contact details on our online form.
While AHDB seeks to ensure that the information contained on this webpage is accurate at the time of publication, no warranty is given in respect of the information and data provided. You are responsible for how you use the information. To the maximum extent permitted by law, AHDB accepts no liability for loss, damage or injury howsoever caused or suffered (including that caused by negligence) directly or indirectly in relation to the information or data provided in this publication.
All intellectual property rights in the information and data on this webpage belong to or are licensed by AHDB. You are authorised to use such information for your internal business purposes only and you must not provide this information to any other third parties, including further publication of the information, or for commercial gain in any way whatsoever without the prior written permission of AHDB for each third party disclosure, publication or commercial arrangement. For more information, please see our Terms of Use and Privacy Notice or contact the Director of Corporate Affairs at info@ahdb.org.uk © Agriculture and Horticulture Development Board. All rights reserved.