GB prime cattle prices continue upwards
Prime cattle prices rose across the board in the latest reporting week, despite an increase in throughputs compared with last week.
In the week ending 31 July, the GB all-prime average deadweight cattle price rose by 1.0p to average 405.1p/kg.
This is up 38.6 pence on the price for the same week a year ago, according to AHDB’s analysis.
Throughput of prime heifers, steers and young bulls at British abattoirs was estimated to be 32,100 head for the week.
This was 6% higher than the week before, but still down on the same week last year (-2%).
Chris Gooderham, AHDB head of market specialists said: “Although year-to-date prime cattle kill is down on last year (-3%) we mustn’t forget how unusual 2020 was.
“2021 slaughter so far is estimated at 989k head. This is slightly above the levels recorded in each of the years from 2016 to 2019.
“[It] is, therefore, also above the 5 year average, albeit by only 0.3%.”
by Farming UK
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