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Competition between processors for prime cattle is on the rise and prices are edging upwards in Northern Ireland. Lambs are also seeing quotes increasing as demand grows.
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Beef prices have seen a marked increase during Q3 of 2024 and are trending well above the same period last year.
The has been an increase in base quotes for prime cattle at NI plants, while the live ring has seen higher prices paid for fat lambs this week.
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There have been further price increases in the beef trade, with prime steers and heifers commanding 500p/kg at NI plants.
Imports of finished cattle from the Republic of Ireland to abattoirs in NI have increased to a 12 month high point
Cuts of 5p to 10p/kg have been applied to base quotes for fat lambs at processing plants in Northern Ireland.
Adam Woods has the latest on this week’s beef trade, including the latest factory quotes for finished animals.
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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.
/ns02/www/vhosts/www3.farmersjournal.ie/2024-files/includes/2024_globals.php:158:string 'MARKETS' (length=7)
The beef trade in Northern Ireland is holding firm, but there is pressure being applied to lamb quotes.
/ns02/www/vhosts/www3.farmersjournal.ie/2024-files/includes/2024_globals.php:158:string 'MARKETS' (length=7)
Adam Woods has the latest on this week’s beef trade, including the latest quotes for finished cattle.
/ns02/www/vhosts/www3.farmersjournal.ie/2024-files/includes/2024_globals.php:158:string 'MARKETS' (length=7)
