- news, features, articles and disease information for the beef industry

AHDB Cattle and Sheep Weekly

08 August 2016

AHDB Cattle and Sheep Weekly - 5 August 2016AHDB Cattle and Sheep Weekly - 5 August 2016

Another positive move in the cattle trade

In the week ended 30 July, the deadweight cattle trade moved up again. At 335.4p/kg the GB all-prime average strengthened another penny on the week.

While this robustness continues to reflect that the supply/demand balance is still tipped in producers’ favour the latest week-on-week price rise is more modest than in any other week since prices started moving up three months ago. While this may be an early indication that recent impetus in the trade is subsiding, reports do still suggest that demand from processors remains solid against tighter supplies. At 29,400 head, estimates suggest that the number of cattle coming forward was down 200 head on the week earlier and notably back on the year for the fifth week in a row. While native bred cattle are currently particularly sought after, there are no waiting lists reported for even the more commercial types.

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