articles about talking-trade
A large number of buyers are seeking stock in order to meet the seven-month stock retention period requirement associated with the ANC.
Quality lots remain in demand, with well-conformed Continental stores remaining at the top of the price table.
Trade remained firm for quality lots at venues across the country - see more here.
Managers noted that lots at the upper end of the market are on par with last year’s level, despite Brexit uncertainty and poor factory quotes.
Managers reported increased activity from farmers and feedlot buyers, with strong demand for good-quality Continental stores.
Demand is remaining strong for quality Continental stores, while plainer, lighter types met with a tougher selling trade this week.
Cattle numbers continued to increase, with a more positive atmosphere at the ringside despite current challenges. Good-quality Continentals stores improved by €30-€60/head.
Quality lots improved by €20-€50/head this week, while demand is poor for light-weight cattle and those with strong dairy-influence.
Managers reported a tough selling trade for poorer, light-weight and over-age non-quality assured cattle.
Purchasers at marts are cautious due to Brexit uncertainty and poor factory quotes, although early grass growth is bringing some positivity to the ringside.
Some managers said that their mart opened to a trade of uncertainty around the ring with prices struggling to remain at pre-Christmas levels.
Many marts hosted their final sale of the year this week; quality lots meeting a firm trade while plainer types were more difficult to sell.
Several managers reported increased farmer activity at marts this week; this led to a slight increase in the price of some cattle. Numbers continued to drop off.
Many mart managers reported larger entries of cattle this week - despite last week's drop-off in numbers - with more customers around the ring and a sharper trade prevailing for quality types.
Trade has remained strong for quality bullocks and heifers, although cull cows are still under pressure.
Quality lots held firm, while plainer and lighter types remained difficult to sell. There is strong interest in quality suckler lots at present.
The majority of mart managers reported slightly smaller sales this week, with a strong trade for suckler stock, although cull cows are under pressure.
Trade remained firm for quality types - Continental forward stores; however, plainer types were difficult to sell.