Prices for weanling bulls at marts down €200/hd since 2012
The Irish Independent receives data from marts on a daily basis. This data describes every animal put up for sale at these marts since November 2011.
This analysis focuses on animals sold between November of 2011 and November of 2016 to identify the average price per kilo and how it has evolved over this time period.
Suckler Farmers are getting €200/hd less for their weanling bulls today than they did five years ago, a survey of the Ringside price averages shows.
While between €2.41/kg and €2.59/kg was paid for weanling bulls in the early months of 2012, current price averages are holding at around €2.06-2.09/kg.
This 50c/kg differential equates to €200/ hd on a 400kg weanling. Like the steer and heifer trade, weanling prices varied considerably over the last five years.
Indeed, by the back-end of 2012 prices had collapsed on the back of a sharp downturn in factory prices. The weanling mart average of €2.59/kg in March 2012 hit €1.91/kg by November as extra numbers came on stream.
2013 saw average prices for bull weanlings bob along from €2.15/kg to the low €2.20s/ kg, although average prices in both May and November hit a year low of €2.05/kg.