In the week ended 31 March, the GB all prime average cattle price gained almost 3p week-on-week, to 360.65p/kg. Currently the measure stands around 16.5p above year earlier levels and almost 10p above the five year average for this time of year.
The overall steer price gained 2.4p week-on-week, to 361p/kg while those carcases meeting the R4L specification gained 1.7p during the same period, to 371.3p/kg.
The overall heifer price shot up by 3.5p on-the-week, to 362.7p/kg while those heifer carcases meeting the R4L specification gained 1.7p, to 371.4p/kg.
Young bull prices also moved upwards this week, with the overall price gaining 2.8p on-the-week, to 339p/kg, and those carcases meeting the R4L specification increasing by 2.4p, to 354p/kg.
Estimated prime cattle slaughterings declined by 7% (2,200 head) week-on-week, to 30,800 head. In part the week-on-week decline will be due to the Easter weekend, although reports are of some processors killing on both Friday and Monday.
During the week ending the overall cow price remained stable at 257.3p/kg, while those carcases meeting the –O4L specification gained 2p week-on-week, to 280.2p/kg. Estimated cow slaughterings decreased by 3% on-the-week, to 9,700 head.