UK: Opposing price trends for prime cattle and cull cows

Published 2022년 11월 3일

Tridge summary

GB deadweight cattle prices have been increasing steadily since September, with the all-prime cattle price averaging 440.2p/kg in the 4 weeks ending 29 October, a 0.7% increase from the previous period. Prices for heifers and steers strengthened, while young bulls saw a softening of price. The estimated GB prime cattle kill rose by 3.8% to 125,400 head, but throughputs are still below the 5-year average. Cull cow prices have continued to decline, averaging 341.4p/kg in the same period, down 0.9% from the previous 4 weeks. Cull cow slaughter increased by 11.3% to 55,300 head, with throughputs peaking at 14,100 head in the fourth week. Year to date, throughput is estimated to total 445,400 head, 1.2% up on last year but 2.9% below the 5-year average.

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

Original content

GB deadweight cattle prices continued the steady upward trend seen through September, following an easing of prices during July and August. In the 4 weeks ending 29 October, the all-prime cattle price averaged 440.2p/kg, up 3.3p (0.7%) on the previous 4-week period. Prices rose each week, peaking at 441.7p/kg in the week of 29 October. This was almost 33p above the same week last year, and more than 78p above the five-year average for the week. Within the all-prime cattle average, young bulls saw a softening of price, averaging 426.4p/kg for the period, back 0.8p on the previous four weeks. However, prices for heifers and steers strengthened, up 3.2p (0.7%) and 3.5p (0.8%) respectively from the previous four-week average. This put the average price for the period to 439.4p/kg for heifers and 442.3p/kg for steers, regaining some of the ground lost during July and August. Estimated GB prime cattle kill rose in the 4 weeks ending 29 October to a total of 125,400 head, 3.8% (4,600 ...

Source: Ahdb