Beef Prices May 2022
According to a spokesperson for the Livestock and Meat Commission (LMC), base quotes for in-spec U-3 grade cattle remained steady in plants across NI mid-week (May 2022) to range from 424-428p/kg.
Meanwhile, in its weekly market outlook reported, it revealed that quotes for good quality O+3 grade cows varied from 280-360p/kg.
The commission reported that the majority of plants quoted 320p/kg upwards.
- Last week in NI, the average steer price was up by 1.2p/kg to 426.9p/kg, while the R3 steer price rose by half a penny to 436.3p/kg.
- The average heifer price in NI rose by 0.4p/kg to 429.2p/kg last week, while the R3 heifer price was back half a penny to 436.7p/kg.
- Meanwhile, the average young bull price recorded an increase of 1.2p/kg to 411.9p/kg, while the R3 young bull price fell by 0.3p/kg to 423.1p/kg.
- The cow trade in “generally improved” last week, with the average cow price up 2.5p/kg to 339.7p/kg, while the O3 cow price increased by 3.4p/kg to 365.9p/kg.
Throughput of prime cattle in the local plants has “remained firm” with 8,216 head killed last week.
This was an increase of 106 head compared to the previous week when 8,110 prime cattle were slaughtered.
This was 1,465 head more than the 6,751 prime cattle killed in local plants during the same week in 2021.
The spokesperson noted: “The average carcase weight of prime cattle
killed in local plants last week was 345.6kg, back 3.9kg compared to
349.5kg in the same week last year.”
“Cow throughput in NI last week totalled 2,042 head similar to the previous week and the same week in 2021.”
“The average carcase weight of cows killed in local plants last week was 304.9kg back 13.1kg compared to the cow kill in the corresponding week last year.”
Imports of cattle from ROI for direct slaughter in local plants last week comprised 261 prime cattle and 76 cows.
Furthermore, a total of 173 cattle were exported from NI to ROI last week for direct slaughter, which comprised three prime cattle, 162 cows and eight bulls, while 35 cows were exported from NI to GB.
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