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AHDB Cattle and Sheep Weekly

04 August 2015

AHDB Cattle and Sheep Weekly - 4 August 2015AHDB Cattle and Sheep Weekly - 4 August 2015

Heat in the cattle trade cools off

With chill rooms reportedly stocked adequately on the back of healthy supplies over the past couple of weeks, the heat in the cattle trade appears to have cooled off.

During the week that ended 25 July the GB prime cattle average price levelled on the week earlier at 354.4p/kg, the result of more cautionary procurement by some processors amid a more balanced trade. Steers and heifers meeting target specification were both back a penny on the week to average 365.3p/kg and 363.8p/kg respectively. R3 Young bulls lost all the ground they gained in the previous week, being down 5p at 343.1p/kg.

At 30,900 head, AHDB estimates suggest that numbers coming forward were broadly unchanged on the week earlier and, for the third time this month, were ahead year on year. It appears that producers have taken advantage of the firmer prices on offer, marketing older cattle ready for slaughter promptly rather than keeping them at grass over the summer months, which they may have done in previous years. While this may have taken the edge off the trade in the past couple of weeks, there is still the expectation of tighter supplies as the year progresses.

The cow trade has been more subdued with the onset of the holiday period across the continent looming, the strength of sterling and estimates suggesting that more cows have been coming forward in the latest week. At 252.3p/kg -O4L cows were back 2p/kg on the week and have fallen 7p over the past fortnight.

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