The weanling trade is buoyant as intense buying competition boosts prices for suckler bred calves
Beef prices have seen a marked increase during Q3 of 2024 and are trending well above the same period last year.
Prices for prime cattle are edging upwards in Northern Ireland, while fat lambs are on steady ground.
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.
Beef prices in Britain are running well ahead of factory prices in Northern Ireland.
The beef trade in Northern Ireland is holding firm, but there is pressure being applied to lamb quotes.
Limited availability of cattle and improved processing demand is boosting beef prices in Northern Ireland.
Abattoirs in Britain have paid close to 70p/kg more for prime sheep in 2024 compared to NI plants.
Prime cattle are rising in value as numbers tighten across Northern Ireland