Tridge summary
The cattle and calf population in Great Britain has seen a decrease of two percent as of October 2024, with the total number of animals being 163,100 fewer than the previous year. This decline is seen across both beef and dairy cattle, with beef cattle numbers down by 1.8 percent to 5.0 million and the dairy herd contracting by 2.5 percent to 2.8 million. The decrease in the population of cattle over thirty months and under thirty months suggests a potential tightening of market supply in the short and long term. Despite a record high of 92,000 tonnes in beef production in October 2024, deadweight prices have risen, with the steer deadweight average price in England and Wales reaching a new record high of £5/kilo in mid-September, nine percent higher year-on-year. However, consumer prices have remained relatively stable, supporting consumer demand during the cost-of-living crisis.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
As of October 1, 2024, the total cattle and calf population in Great Britain (GB) stood at 7.7 million head - a year-on-year decline of two per cent, according to data from the British Cattle Movement Service (BCMS) reported in this month’s Market Bulletin from Hybu Cig Cymru-Meat Promotion Wales (HCC). "This represents 163,100 fewer animals, and a further three per cent decrease compared to October 2022", said Glesni Phillips, HCC’s Intelligence, Analysis & Business Insight Executive. "Beef cattle numbers fell by 1.8 per cent to 5.0 million head, while the dairy herd contracted by 2.5 per cent to 2.8 million head, continuing a downward trend observed in recent years". She explained that by examining cattle categories and age brackets it was possible to gain insights into potential market supply in the short and longer term. “The population of cattle aged over thirty months stands at 2.8 million head, a decline of two per cent from the previous year and 3.5 per cent lower than in ...
Source: EuroMeat
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