Farm Ireland
Independent.ie

Tuesday 25 April 2017

Donegal factory pays highest prices for E grade stock

Tullow Mart March 31. 540kg Limousin. DoB 2015. Price €1370. Photo Roger Jones.
Tullow Mart March 31. 540kg Limousin. DoB 2015. Price €1370. Photo Roger Jones.

Martin Ryan

It may seem like a hopeful ‘dream’ to a lot of beef finishers, but getting 465c/kg for heifers became the reality for suppliers who travelled to the north-west with E grade stock recently.

The Department of Agriculture compiled returns for the prices by the country’s 25 export meat plants show that Foyle Meats, Donegal paid the highest price in the country recently when they returned an average of 465c/kg for E grade heifers.  

Ballymote, Sligo. April 6. 402kg. DoB 28/2/05 & 10/3/17. Heifer calf. CHX. Price €1,480. Photo Brian Farrell
Ballymote, Sligo. April 6. 402kg. DoB 28/2/05 & 10/3/17. Heifer calf. CHX. Price €1,480. Photo Brian Farrell

Two ABP plants were also in the higher listing for E grade heifers paying an average of 452c/kg at Nenagh and 448c/kg at Rathkeale.

Overall prices for the week showed the largest single week improvement year to date with heifers taking the lead over the steers in most categories, but particularly for the top quality heifers, which met with the strongest competition between processors.

Carnew Mart, April 8. Lot 812 cow and calf. DOB 15/08/11 & 15/02/17. Price €1,570.
Carnew Mart, April 8. Lot 812 cow and calf. DOB 15/08/11 & 15/02/17. Price €1,570.

The national average for U=4= heifers was up by 7.6c/kg on the previous week with Foyle Meats the price toppers at an average of 444.5c/kg, just ahead of Ashbourne Meats at 443c/kg and ABP (Nenagh) where the average paid was 442c/kg.

On the week the average for R=4= increased by 6c/kg, while the poorer grades fared poorer with at 1.9c/kg improvement on the previous week for O=4= heifers.

U grade steers prices showed an improvement of 8.3c/kg, compared to the previous week.  ABP (Bandon) paid an average of 446c/kg for U=3=, topping Foyle Meats in second place at an average of 439c/kg, while an average of 436c/kg applied at Moyvalley Meats, Dunbia (Slane), and Kepak (Kilbeggan), with Liffeys on 433c/kg  and Kildare, Slaney and ABP (Waterford) all on an average of 431c/kg.

The R grade steer prices were on average 4.4c/kg higher and O grade were improved by up to 6c/kg.

Ballymote, Sligo. April 6. Weight 632kg. DoB 30/9/10
Female Limousin. €1,100. Photo: Brian Farrell
Ballymote, Sligo. April 6. Weight 632kg. DoB 30/9/10 Female Limousin. €1,100. Photo: Brian Farrell

Finishers should also be aware of significant differences between factories on the prices which are being paid in all categories and grades.

While U grade prices varied by up to 30c/kg between the factories the variation in some of the poorer grading animals was even greater, with some O grade prices showing a difference of up to 44c/kg between the factories for the same grade.

Carnew Mart, April 8. Lot 40. Weight 460kg. DOB 28/02/16. Price €1,000. Breed CHX. Photo Roger Jones.
Carnew Mart, April 8. Lot 40. Weight 460kg. DOB 28/02/16. Price €1,000. Breed CHX. Photo Roger Jones.

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