New year but same old prices for steers and heifers
There was little change to report in the cattle trade during the final two weeks of 2013.
Prices for steers and heifers were largely unchanged with base quotes steady. Prices for R grade steers were around €4.00-€4.05/kg, while heifers were reported to be making €4.10-€4.15/kg.
The trade for cull cows was maintained with quotes for O grades ranging from €2.90-€3.15/kg.
Cattle supplies at export meat plants for the week ending December 21 stood around 29,200 head, which was approximately 800 head higher than the same period in 2012. For the final week of the year, the week ending December 28, supplies stood at 11,711, which is around 1,400 head lower than a year earlier. For the year, throughput reached 1.49m head, a rise of 7pc on 2012 levels. There was little activity been reported over the last week in either Britain or on the Continent, but trade levels are expected to return to normal from next week.