Store cattle price reflect trends within the finished market
Thursday, 10 February 2022
Store cattle prices have continued to record strength over the past few months, reflecting developments in the market for finished cattle. Given the time it takes to finish animals, it is interesting how closely prices are correlated in real time. In essence a store animal is an investment which will be realised in the future, sometimes many months in the future.
Of course, expectations have a part to play, and perhaps these are as influential as the supply and demand for particular store cattle on the day. Over the past 12 months Continental (X) and Hereford (X) store cattle prices have continued to reflect trends within finished prices.
Meanwhile, Holstein/Friesian (X) steer price growth has vastly outpaced that of their counterparts. This is despite perceptions that changes to milk buyers’ policies would create a large increase in supply of black and white males coming to market. Calf registrations from dairy dams has shot up this year. However, this entire growth is from beef calves from dairy dams.
Find out what finished market conditions are forecast to be like over the coming year in AHDB’s latest Agri-market outlook.
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.