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'Buying frenzy' sends mart trade for cattle into overdrive

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Weanling Bull Sales in Elphin. Keeping an eye on things at the mart. Photo Brian Farrell

Weanling Bull Sales in Elphin. Keeping an eye on things at the mart. Photo Brian Farrell

Brian Farrell

Weanling Bull Sales in Elphin. Keeping an eye on things at the mart. Photo Brian Farrell

A ‘buying frenzy’ has driven the trade for cattle into overdrive across the south of the country this week as farmers came out in force to the mart ringsides and spirited bidding sent prices rocketing.

Continental heifers 500-600 kgs topped the trade at up to €3.11/kg while up to €2.93/kg was paid for continental breed store bullocks.

Up to €1,100 + €/kg was paid for near finished continental heifers at Corrin Mart (Fermoy) on Tuesday, while heavy store bullocks sold for up to €1,000 over €/kg at the liveliest and largest sale year to date at the North Cork centre.

The entry for the sale topped 2,000 head – topping last week’s entry of 1,800 head – and a strong clearance was affected with the sellers benefiting from a buoyant trade for all classes.

Mart Manager, Sean Leahy, said “a very large sale met with a very strong trade with last week’s improved demand being maintained” with demand for forward stores animals in particular being driven by farmer demand, following the improvement in the weather over the week-end.

Topping the trade in the heifer ring, a Charolais weighing 750 kgs sold for €1,830 (€2.44/kg), while another which scaled 484 kgs made €1,510 (€3.11/kg), a Limousin weighing 420 kgs sold for €1,105 (€2.63/kg), and an Angus weighing 575 kgs made €1,190 (€2.07/kg).

In the bullock ring, a 690 kgs Charolais sold for €1,480 (€2.14/kg), a lot of two Limousin weighing 577 kgs made €1,465 (€2.54/kg),  three Limousin weighing 400 kgs sold for €1,135 (€2.93/kg),  and seven Herefords weighing 477 kgs sold for €1,110 (€2.30/kg).

Farmers competed with a strong export demand for calves at Bandon Mart on Monday where there was 1,700 on offer at the largest sale of the season.

Mart Manager, Tom McCarthy said that “there was great demand for the Friesian bull calves by shippers who paid up to €140/hd, while farmer buyers for the home trade paid up to  €244/head for the stronger calves”.

The continental heifer calves topped the trade peaking at €520/hd, with prices ranging from €300/head and the continental breed bull calves sold for up to €470/hd.  Hereford and Angus heifers ranged to €380/hd and bulls to €370/hd.

There was a ‘flying’ trade for the quality Friesian heifer calves with farmers paying up to €300/hd for calves suitable for breeding.

Online Editors