The first 12 weeks of 2023 have seen a slight decrease in the number of cattle slaughtered compared to the same period in 2022, with just under 395,000 cattle slaughtered. This decrease is in line with Bord Bia's projection of a reduced supply of finished cattle by 50-60,000 head or 3-4% compared to last year's record high. The decrease is expected to be more pronounced in the first half of the year, with supplies expected to increase in the second half. The supply of steers and heifers has fallen, while the supply of cows has increased, likely due to reasonably good cull-cow prices and stocking-rate pressure faced by dairy farmers.