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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.
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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.
The beef trade in Northern Ireland is strengthening as processors start orders for Christmas, while the live trade moves up a notch for lambs.
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.
Imports of finished cattle from the Republic of Ireland to abattoirs in NI have increased to a 12 month high point
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.
The beef trade in Northern Ireland is holding firm, but there is pressure being applied to lamb quotes.
Adam Woods has the latest on this week’s beef trade, including the latest quotes for finished cattle.
