Spring is in the air – AHDB Reports Prime cattle prices spring up
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Prime cattle prices spring up
In the week ended 31 March, the GB all prime average cattle price gained almost 3p week-on-week, to 360.65p/kg. Currently the measure stands around 16.5p above year earlier levels and almost 10p above the five year average for this time of year.
The overall steer price gained 2.4p week-on-week, to 361p/kg while those carcases meeting the R4L specification gained 1.7p during the same period, to 371.3p/kg. The overall heifer price shot up by 3.5p on-the-week, to 362.7p/kg while those heifer carcases meeting the R4L specification gained 1.7p, to 371.4p/kg. Young bull prices also moved upwards this week, with the overall price gaining 2.8p on-the-week, to 339p/kg, and those carcases meeting the R4L specification increasing by 2.4p, to 354p/kg.
Estimated prime cattle slaughterings declined by 7% (2,200 head) week-on-week, to 30,800 head. In part the week-on-week decline will be due to the Easter weekend, although reports are of some processors killing on both Friday and Monday.
