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AHDB Cattle and Sheep Weekly

15 February 2016

AHDB Cattle and Sheep Weekly - 15 February 2016AHDB Cattle and Sheep Weekly - 15 February 2016

Stability in the cattle trade

The cattle trade started to show some welcome signs of stability at the end of last month. This has continued into early trading in February and in week ended 6 February the average price for all prime cattle moved up a penny to 329.1p/kg.

Over the past couple of weeks the market has performed better than expected for the time of the year, especially given the continual pressure on price in recent months. While some processors are in the market keenly for cattle fitting supermarket specification and reports suggest that queues are almost non-existent, the balance in the trade overall is still somewhat precarious, which is still unlikely to deliver any tangible upwards momentum to the trade.

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