August 2021 NI sheep prices
According to the Livestock and Meat Commission (LMC), quotes for R3 grade lambs ended, ranging from 480-485p/kg up to 21kg across plants in Northern Ireland this week.
August 2021 NI sheep prices
Its weekly report outlined that the deadweight lamb price in NI last week was 475.9p/kg. This is an increase of 6p/kg from the previous week.
The average ROI lamb price last week was back the equivalent of 1p/kg from the previous week to 515.3p/kg.
Throughput
Lamb throughput in local NI plants amounted to 10,211 head – an increase of 149 lambs from the previous week.
However, this is down 1,150 head when compared to the 11,361 lambs processed in the corresponding week in 2020.
A further 4,935 lambs were exported from NI to ROI for direct slaughter last week – back 2,866 head from the previous week.
Lamb throughput in NI plants the previous week totalled 10,062 head. This is back 418 head from the week before that again and a greater 1,435 head decrease from the same week in 2020.
A further 5,520 lambs were exported to ROI for direct slaughter the previous week – back 1,366 head from the week before.
Beef prices
According to the Livestock and Commission (LMC), base quotes for in-spec U-3 grade steers and heifers “remained steady” this week.
Factory quoted 384-394p/kg for this category, while quotes for good quality O+3 grade cows ranged from 280-302p/kg.
“The NI deadweight trade for prime cattle came under pressure last week with the majority of grades decreasing from the previous week.”
The LMC reported that the average NI steer price was back 0.8p/kg to 392.5p/kg. The R3 steer price was back by a similar margin to 402.3p/kg.
Last week, the average NI heifer price reported a decrease of 1.6p/kg to 393.7p/kg, while the R3 heifer price held steady at 401.9p/kg.
Furthermore, last week’s average NI young bull price increased by 2p/kg to 385.1p/kg. To note, the R3 young bull price fell by 2p/kg to 393.3p/kg.
Meanwhile, the cow trade in NI showed some improvement. The average cow price increased by over 1p/kg from the previous week to 290p/kg. The O3 cow price increased by 2p/kg to 317.6p/kg.
