GB cull cow prices (like prime cattle) have remained in a record high position since the start of the year. We explore the key market drivers behind this.
Original content
Average prices for cull cows have remained historically strong since the start of the year, with growth felt particularly in the first two months. The GB deadweight overall average cow price peaked at 384.3p/kg during the week ending 18 March, up 38p from the first reporting week of January. However, since then average prices have stabilised, seeing little fluctuation with an average change of 3p/kg over 8 weeks. The week ending 22 April saw a dip to 380.9p, with prices bouncing back to 383.5p the following week. In the week ending 13 May, the measure averaged 384p/kg, up 24p year-on-year. From a supply perspective, weekly estimated GB cow slaughter has largely run above year-ago levels for the year so far. Estimated kill stood at 177,300 head for the first 19 weeks of the year, up just over 3% from the same period in 2022. While cow kill remains elevated year-on-year, numbers have followed the seasonal trend, easing back compared to throughput seen pre-Christmas. What is ...
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