Live export boost as calf births up 117,000
There has been a very strong start for live exports with an increase of 70pc in the first two months of 2013.
The increase is largely due to a huge increase in calf and store exports during the period.
A total of 14,240 calves were exported live to the end of February, almost 10,000 more than same period in 2012.
Strong factory prices have limited any increase in finished cattle exports.
The number of finished cattle leaving on the hoof has dropped by 9pc.
Live exports of store cattle increased by 78pc, while weanling sales were up by 48pc.
The export market for all classes of stock is likely to be critical to keeping a floor under stock prices over the coming months and years, with the news that monthly calf registrations have been almost 10,000 head higher in 2013 compared to last year.
ICBF figures show that there have been over 117,000 extra calf registrations up to the middle of March this year. 90,000 of the increase is attributable to the dairy herd.