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AHDB Cattle and Sheep Weekly

14 November 2016

AHDB Cattle and Sheep Weekly - 14 November 2016AHDB Cattle and Sheep Weekly - 14 November 2016

Fine balance in the cattle trade very evident

In week ended 5 November the pressure on cattle prices overall was again a little softer. At 348.7p/kg, the GB all-prime average was back under a penny on the week earlier. AHDB estimates suggest that, overall, the number of cattle coming forward was just up on the week earlier, possibly playing a part in stabilising the supply/demand balance. However, with processors starting to look closely at their chill room stocks and booking queues non-existent, the trade is still very finely balanced and in some parts even on the cusp of tipping more into producers’ favour.

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