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Beef Trends: kill up as price stays positive 2021-09-22

SHARING OPTIONS: Cattle bred from the dairy herd have a poorer conformation and kill-out percentage in comparison with progeny from the suckler herd. Over recent years, our national dairy herd has become an increasingly important source of raw material for the Irish beef sector. Last year, dairy-bred progeny accounted for 57% of the cattle processed at meat plants, having risen steadily from 47% in 2010. Dairy beef also dominates across the EU-27, whose overall breeding herd of 31.3m includes 20.5m dairy cows (65%). There is a wide range with regard to t...

February 23, 2021 5:00 pm It’s a case of business as usual for prices quoted for bullocks and heifers this week, with some factories remaining coy on their levels of demand. The general prices being quoted this week are seeing steers and heifers starting off at €3.70/kg. Reports of finishers digging in their heels are seeing quotes moving up to €3.75/kg for heifers and some steers, provided they are in-spec. Speaking to  AgriLand, Brendan Golden, the chairperson of the Irish Farmers’ Association (IFA) National Livestock Committee, stated: Winter finishers need every penny they can g...

February 13, 2021 6:10 am With farmers wondering how supplies in factories are holding up, the number of cattle processed for the week ending February 7 amounted to 30,226 head (excluding veal). Comparing these figures to the equvilant week in 2020, factories are seeing a reduction of 5,955 head in the total animals killed – as 36,181 head had been processed.  Farmers may be asking the big question as to why the reduction in price if supplies are falling behind so significantly? In terms of differences, this year we are seeing factories placing limitations on processing and are choosing to...

January 9, 2021, 6:10 am As 2020 drew to a close last week, it is time to review the numbers of cattle that passed through Irish processing plants last year. Reflecting back on the prices achieved by beef farmers in the last few months, these had witnessed a rise of close to 20c/kg for both steers and heifers when compared to 2019 levels – as they received quotes of €3.70-3.75/kg and €3.75-3.80/kg, respectively. However, it can still be argued that this is not near the desired levels of price that beef farmers require in order to make a sufficient margin when finishing cattle.