Tuesday, April 16, 2024
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HomeBeefBeef Trade: ‘Steady as she goes’
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Beef Trade: ‘Steady as she goes’

Factories are paying a base price of €3.60-€3.65/kg for steers this week, while heifers are ranging from €3.60-€3.70/kg.

It has been reported that some plants are sealing deals at slightly higher prices of 5-10c/kg.

€2.80/kg is on the table for P grade cull cows, while between €3.20-€3.30/kg is being offered for R grades.

In terms of young R/U grade bulls, some plants are quoting between €3.60-€3.70/kg.

Last week’s beef kill

The national beef kill rose to 28,932 (including 56 calves) during the week commencing May 18th, according to the Department of Agriculture, Food and the Marine’s database. The kill during the corresponding period last year stood at 34,336 cattle including 44 calves.

Breakdown (last week’s throughput) as follows:

  • Young bulls: 2,489;
  • Bulls: 625;
  • Steers: 10,281;
  • Cows: 6,840;
  • Heifers: 8,641;
  • Veal: 56.

Throughput

  • Week commencing May 11th – 26,991 (including 74 calves);
  • Week commencing May 4th – 25,947 (including 413 calves);
  • Week commencing April 27th – 25,964 (including 309 calves);
  • Week commencing April 20th – 25,602 calves (including 473 calves);
  • Week commencing April 13th – 25,225 (including 739 calves);
  • Week commencing April 6th – 27,124 (including 418 calves);
  • Week commencing March 30th – 30,731 (including 1427);
  • Week commencing March 23rd – 35,607 (including 2,834 calves);
  • Week commencing March 16th – 37,898 (including 3,434 calves);
  • Week commencing March 9th – 38,957 (including 3,277 calves).
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