Ireland back in fifth on EU heifer price league table
Ireland is back in fifth place on the EU heifer price league table, moving up from seventh place last month, according to the Livestock and Meat Commission (LMC).
For the week ending November 29, 2015, the average R3 heifer price paid in the Republic of Ireland was 395c/kg.
This is an increase of 0.5c/kg from the week ending November 1, 2015 and it is 3.9c/kg above the EU average.
In Northern Ireland, the average R3 heifer price for the week ending November 29 was the equivalent of 457.0c/kg.
This latest price is up 9.3c/kg from 447.7c/kg in the week ending November 1, according to the LMC.
For the week ending November 29, the North’s R3 heifer price was 65.9c/kg higher than the
Northern Ireland continues to hold the second place spot on the EU league table.
This was an increase of 9.7c/kg compared to the week ending November 1.
The increase in GB R3 heifer price resulted in the British/EU price differential widening from 94.1c/kg in the week ending November 1 to 106.5c/kg in the week ending November 29.
Cattle Marts – Plain cattle fall by €10-15/head in some venues
Despite the poor weather conditions over the last week, there is a strong demand for quality continental heifers, according to mart managers across the country.
However, plainer cattle remain difficult to sell with these lots falling by as much as €10-15/head in some venues.
Beef steers and heifers remained relatively unchanged from previous weeks as factory prices continue to hold steady. These lots generally traded at €1.60-2.60/kg.