Continuing wet conditions dampen trade prospects as farmers move cattle
Mart prices hold steady despite factory pressure
The mart trade for cattle remained strong throughout the past week. Despite beef prices and quotes under pressure at the factories any well fleshed stock at the marts met with keen demand and held their own when compared to recent weeks.
Quality forward and light stores also sold very well but the plainer types were finding it a bit tougher, with a number of marts reporting prices for those types to be back by anything from €10 to €30/hd.
Suckler cows with a calf at foot and cull cows were steady. The extremely wet conditions are not very encouraging for farmers to go out and buy stores and this is definitely affecting the trade for plainer and lighter stock.
Some farmers have had to put some of their cattle back into sheds and while this is happening, those farmers are going to be a lot less active at ringside.
At Ennis Mart the heavy bullocks and the forward stores held firm as the continental types generally moved at €2.20-2.35/kg, with some lots making up to €2.40/kg.
The lighter stores sold for €2.60-2.70/kg. Poorer quality types were back in price by €20-30/hd.
Well fleshed heifers made €2.30-2.65/kg. Bull weanlings over 500kg were making from €2.40 to €2.60/kg, while the lighter bull made €2.60-2.85/kg in the main.