Mart trade: Silage season gives sellers and buyers more options
See pictures and prices from Enniscorthy Mart
THE kicking off in earnest of the silage season has given both buyers and sellers midsummer options.
Some sellers, especially from the dairy sector, who may have been forced to offload stock due to scarcity of grass may now feel the pressure ease with silage fields cleared.
That extra space also brings a sense of relief for the buyer, plus a chance to plan for the remainder of the grazing season.
So where is the cattle business now as we enter the first week of June 2017? How does it compare with this time last year?
Looking back at the ringside and factory reports for the first week of June 2016 shows that the great barometer of the trade, the factory gate price, was bubbling along nicely.
However, it was 5-10c/kg less at €4.10/kg for bullocks and €4.15/kg for heifers compared to this week’s price of €4.15-4.20/kg for bullocks and €4.25-4.30/kg for heifers.
In theory therefore average prices at the marts should be a shade stronger this week for the bullock and maybe noticeable stronger for heifers provided those better prices are being passed back.
The ringside figures however paint a different picture.