GB prime cattle prices continue upwards

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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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