Weanling heifer prices take a big hit of 5-22c/kg over the past week
Newton's Third Law stated that "for every action there is an equal and opposite reaction". The weanling heifer trade over the past week has been the very opposite to what had been happening for the past few weeks when prices had continued to go from strength to strength.
Ringside shows us they took a big hit of between 5-22c/kg since this day last week, with the lighter lots selling for €2.80-3.35/kg while the heavier lots made from €2.50-3.00/kg.
Poorer heifers were selling for €2.20-2.40/kg. This represented a fall of 14-17c/kg for the heifers up to 400kg and a gain of 11c/kg for the heavier types.
Most of the continental weanling bulls moved in a range of €2.50-3.00/kg but the more dairy bred types ranged from €1.90/kg to €2.05/kg. The older heifers under 500kg were back by between 1-7kg and making €2.30-2.80/kg.
Heavier types made €2.30-2.60/kg. Lesser quality types ranged from €2.00/kg to €2.15/kg. The lighter steers were down 3-7c/kg at €2.25-3.00/kg. Lots over 500kg were steady enough and selling for €2.15-2.55/kg. Plainer lots sold for €1.80-1.95/kg.
Balla reported that the heifers were improved by €20-30/hd in a strong trade overall despite a slightly more sluggish go on the plainer types.
Store bullocks were making from €650 to €830 with the weight or from €1.88-3.38/kg. Heavier lots moved at €1.45-2.94/kg. Light heifers under 400kg varied from €2.06-3.43/kg. Heavy heifers made from €1.79-2.98/kg.
Light bulls averaged €1.90-3.96/kg. Heavier lots made from €2.03/kg to €3.07/kg. Quality heifer weanlings were in good demand from farmers for breeding and making from €2.43-3.57/kg. Light heifer weanlings averaged from €2.38-3.23/kg.