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AHDB Cattle and Sheep Weekly

14 September 2015

AHDB Cattle and Sheep Weekly - 14 September 2015AHDB Cattle and Sheep Weekly - 14 September 2015

Cattle trade moves up

Following a short steady period the cattle trade has moved up in the latest week.

The balance between supply and demand has favoured finishers, in particular, as the shorter bank holiday week has had an impact on supplies coming forward – estimated to be back over 2,000 head on the week earlier.

Reports suggest that large processors have been more active in the market on the back of improving demand as the weather has cooled. For another week they have been looking for more cattle than they have done through much of the summer. Consequently, finding a home for cattle outside supermarket specification has reportedly been easier.

In week ending 5 September the GB prime cattle average price was up 3p on the week to 347.7p/kg, the most significant week-on-week price rise since early July. Steers and heifers meeting R4L classification were both up 2p at 359.4p/kg and 357.8p/kg respectively while R3 Young bulls strengthened 3p to reach 339.9p/kg.

Cull cow prices firmed on the back of improved demand for manufacturing beef despite the strong pound against the euro continuing to make exports challenging. As with the prime cattle trade, processors are looking for higher numbers. Cows meeting -O4L specification moved up 2p on the week to 235.0p/kg. Compounding the improved market last week this means cows have regained the ground they lost throughout August.

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