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Beef Trade: Further price boost with kill remaining over 35,000 head

The ball remains in the farmers’ court, with the base price for steers now hovering around €3.70-€3.75/kg with between €3.70-€3.80/kg on the table for heifers.

It has been reported that deals between beef processors and regular customers are being sealed at 5c/kg more than the above quotes.

Quotes for P+ grade cows are in the region of €2.85-€2.90/kg, with €3.10/kg for O grade types and between €3.20-€3.30/kg for R grade culls.

In terms of young bulls, €3.70/kg is being reported for Us, followed by €3.60/kg for Rs and for €3.50/kg for O grades.

Throughput  

The national beef kill for the week commencing July 13th stood at 35,367 head (including 65 calves), according to the Department of Agriculture, Food and the Marine’s database. 

  • Young bulls: 1,869; 
  • Bulls: 818; 
  • Steers: 15,119; 
  • Cows: 8,544; 
  • Heifers: 8,952;
  • Calves: 65. 

Corresponding week in 2019:

  • Young bulls: 4,001; 
  • Bulls: 806; 
  • Steers: 13,147; 
  • Cows: 7,687; 
  • Heifers: 9,142; 
  • Calves: 23.

Cumulative (does not include this week’s figures):

  • Young bulls: 95,759; 
  • Bulls: 18,865; 
  • Steers: 346,485; 
  • Cows: 196,806; 
  • Heifers: 292,015; 
  • Calves: 27,369 
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