Cattle prices end 2022 on historic high in UK

Published Jan 13, 2023

Tridge summary

The article reports on the cattle market in the UK for the period ending 31 December, highlighting a slight increase in average prices for all prime cattle to 442.6p/kg, with records showing the highest peak at 448.1p/kg. Steer and heifer prices also saw an increase, while young bull prices decreased. Overall cow prices averaged at 331.6p/kg, showing a notable increase from the previous month. The article also notes a decrease in the number of GB prime cattle slaughtered in December compared to November, totaling 1.61 million head for the year, marking it as the second lowest since 2016. Similarly, cow slaughter also saw a decrease in November but increased compared to the previous year.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In the four weeks to 31 December, average prices for all prime cattle were slightly above the previous period at 442.6p/kg. In the final week of the period, and year, prices peaked at 448.1p/kg, the highest on record (back to 2014). Overall steer prices slightly increased on those seen in November, up 0.7p (0.1%), and ranged between 442.4p and 448.9p during the period. When compared with the same timeframe last year, prices are up by 36.8p (9.0%). Overall heifer prices slightly increased to average 441.9p/kg, up by 0.9p (0.2%) on November, and 35.2p (8.7%) on December last year. Young bulls were the only category of prime cattle to see prices easing in the 4-week period ending 31 December, averaging 422.5p/kg. This is a depreciation of 4.8p (1.1%) on November, however still remains 34.6p (8.9%) above prices seen last December. Overall cow prices averaged 331.6p/kg in the 4-weeks to 31 December, up 4p (1.2%) on the previous month. As seen with the other categories, prices peaked in ...

Source: Ahdb