GB prime cattle prices continued to exceed historic levels in March

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GB prime cattle prices continued to exceed historic levels in March, with the all-prime deadweight average measure moving up to an average of 485.5p/kg.

This was up 16% versus the same period last year, according to AHDB analysis, with the week ending 1 April seeing prices reach an average of 488p, a jump of 4.5p throughout the month.

While still on an upward trajectory, the rate of price growth has slowed during March, when compared to February’s gains, the levy board said.

Steer prices remain elevated at an average of 486.9p/kg for March, with a high of 489.4p/kg in the week ending 1 April.

On the month, prices were up 10.5p from February’s average, the AHDB’s figures show. From the same four-week period in 2022, steer prices increased 67.4p.

Heifer prices showed less change in the first two weeks of March but had an uptick in the final two weeks.

 

 

Farming UK

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