Ringside offers early reports from marts
Published 23/08/2011 | 05:00
Today, the Farming Independent launches Ringside, a guide to the week's cattle prices, which is based on actual sales data from participating marts.
This additional service is based on sale prices for cattle, which are averaged across given classes of stock.
The chosen marts provide a good geographic spread, while the breakdown of cattle by breed offers an accurate guide to the price differential between Continental, Friesian and Hereford and Angus entries.
Set out in an easy-to-read format, Ringside gives average prices for bullocks, heifers, weanling bulls and weanling heifers across various weight ranges.
It also provides the averages paid for the top and bottom 25pc of entries in each weight category.
The cattle trade in the marts is on fire at the moment, with exceptional prices paid for stock across all classes.
The trade for forward stores has been particularly strong and mart managers report numbers being offloaded early by farmers keen to take advantage of the buoyancy in the market.
The weanling trade is also getting into full swing, with farmers and shippers competing strongly in the rings.