Beef prices have seen a marked increase during Q3 of 2024 and are trending well above the same period last year.
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Autumn weanlings sales are up and running, with a positive start to the trade in Kilrea Mart.
There are positives in the beef and sheep trade in Northern Ireland with cattle quotes rising and marts underpinning lamb prices.
A limited entry of heavy-fleshed stores were highly sought after during the weekly cattle sale in Omagh Mart.
Factory prices for prime cattle are positive in Northern Ireland, with deals for in-spec animals. The lamb trade has steadied after recent price cuts.
Before committing to filling sheds with store cattle for winter finishing, farmers should complete a budget.
Sheep processors in NI are applying pressure to lamb prices, with cuts to base quotes. In contrast, cattle prices remain positive.
A strong beef trade in Northern Ireland is filtering through to the live ring were there is plenty of competition for good quality of stores.
There are plenty of price trend positives within the beef and sheep trade across Northern Ireland.
Bord Bia estimates that cattle throughput until the end of the year is expected to reduce by 50,000 to 60,000 head.
