Beef prices remained “steady” across plants in Northern Ireland this week (week commencing Monday, June 6th, 2022).
The LMC (Livestock and Meat Commission) reported that base quotes for in-spec U-3 grading steers ranged from 422-432p/kg, which is on par with last week’s levels.
Meanwhile, prices for O+3 grading cows “held steady” and ranged from 280-360p/kg.
Beef prices June 2022
According to the LMC, the average NI steer price last week rose by half a penny to 431.3p/kg, while the R3 steer price was up by 2.9p/kg to 443.1p/kg;
The average young bull price in NI last week increased by 2.5p/kg to 423.2p/kg, while the R3 young bull price was up 3.5p/kg to 434p/kg;
The average NI heifer price and R3 heifer price both increased by 3.7p/kg last week to 436.8p/kg and 444.8p/kg, respectively;
Meanwhile, the NI cow trade also improved last week from the previous week. The LMC reported that the average cow price up by 7.4p/kg to 351.7p/kg, and the O3 cow price rose by almost 7p/kg to 378.1p/kg.
Last week, NI beef plants processed 6,943 prime cattle, back 883 head from the 7,826 prime cattle processed during the previous week.
However, this is an increase from the corresponding week in 2021, when 6,581 prime cattle were processed locally.
Cow throughput also fell last week, with 1,733 cows processed in local plants. This was back from the 2,165 cows processed during the previous week and up from the 1,649 cows processed in the same week in 2021.
Exports and imports
According to the LMC, cattle exports out of Northern Ireland for direct slaughter last week amounted to 128 head.
Data shows that four prime cattle, 118 cows and six bulls were exported to ROI, while no cattle made the journey to GB for direct slaughter.
On the other hand, imports from ROI for direct slaughter in local plants last week comprised 201 prime cattle and 64 cows and one bull.
Furthermore, no cattle were imported from GB for direct slaughter locally.
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