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The beef trade settles back to normal trading after the Christmas holidays and prices are running above 530p/kg. Hoggets are also on the rise, with quotes up to 700p/kg.
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Adam Woods takes a look at reflecting back on 2024 and making changes for 2025, feed costs and slaughter dates and making a move on the 2024 profit monitor.
Adam Woods has the latest on this week’s beef trade, including the latest quotes for factory finished cattle.
Cattle prices continue to rise on the back of rampant processing demand, with base quotes now on 508p/kg. Lamb prices are also rising, with 700p/kg common place.
Factory prices for finished cattle and lambs continue to rise in Northern Ireland, as processors continue to chase supplies.
Cattle prices at NI plants continue to rise as processing demand exceeds supply, while there has been another increase in lamb quotes.
Robust processing demand has driven prime cattle prices to record highs in Northern Ireland. Lamb prices are also edging up with quotes on 640p/kg.
John Egerton has a number of different groups of finishing cattle on his farm.
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Quotes on prime cattle continue to rise at NI plants, while deals are available that pay to a higher weight limit on fat lambs.
Processing demand for cattle continues to build, with the weekly kill reaching record levels. Quotes continue to rise for fat lambs.
