Export demand fuels Irish cattle market

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Robust demand from the UK and the EU has supported Irish cattle prices, despite more Irish cattle on the market during the first quarter of 2022.

Irish cattle slaughter has been running ahead of 2021 levels during the first four months of 2022, according to data from Central Statistics Office (CSO) Ireland. A total of 607,000 cattle have been processed during that time, 13% more than the same period a year ago.

While slaughter of both prime cattle and cows has increased notably year-on-year, cow kill has been particularly strong. Bord Bia’s forecast for all cattle for 2022 as a whole has been revised upwards from around +65,000 head to around+105,000 head compared to 2021. This would be around 6% above the kill level in 2021.

 

Hannah Clarke / AHDB

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