Business Farming

Sunday 21 September 2014

Beef price up but light lots struggle at the marts

Joe Healy

Published 29/07/2014 | 00:00

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Market Day: Liam Hogan and Jack Creen checking the stock at Corofin agricultural show, Co. Clare at the weekend. Picture: Hany Marzouk.
Market Day: Liam Hogan and Jack Creen checking the stock at Corofin agricultural show, Co. Clare at the weekend. Picture: Hany Marzouk.

Prices for some grades of stock in the marts were back this week, but tighter supplies have resulted in a price lift at the meat plants.

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Department data shows that steers rose by up to 6c/kg over the last two weeks, while heifers and bulls were up by 2-5c/kg.

However, cull cows showed the biggest recovery, with a 7-8c/kg lift over the last week. R grade cows are making 330-350c/kg, with Os at 300-330c/kg. R grade steers were trading at 370-375c/kg, with the heifers making an extra 5c/kg. R grade bulls are being quoted at 350c/kg.

Ringside data shows that weanling heifers, light store bullocks and light weanling bulls were all back by as much as 7c/kg. Poorer quality stock at under €2/kg, with light bulls making as little as 140c/kg.

The sheep trade over the last week remains more or less unchanged. Quotes for lambs have held at 450-460c/kg, while the factories were quoting 240-260c/kg for ewes yesterday.

The mart trade has been stronger, with a premium being paid for heavy lamb. The 45-50kg lambs sold in the main for €45-58 with their weight. The majority of the lambs at Athenry Mart moved at €45-56 with the €1/kg. The outstanding price of the day was €108 which was paid by a farmer for a pen of nice quality ewe lambs weighing 45kg.

An increase of €5-6/hd was reported in Tullow, especially for fleshy factory and butcher lambs; prices range from €96-104 for lambs over 44kg.

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