Ireland continues to hold fifth on EU cattle prices league table

Irish cattle prices continue to hold fifth place on the EU deadweight cattle prices league table, figures from the Livestock and Meat Commission (LMC) show.

In the Republic, for the week ending September 20, 2015, the average R3 heifer price was 400.3c/kg.

According to the LMC, this latest figure is back 9.1c/kg paid in the week ending August 23, 2015.

This placed it 7.8c/kg above the EU average price, which was 392.5c/kg in the week ending September 20, it said.

Looking to Northern Ireland, the LMC said that for the week ending September 20, the average R3 heifer price was the equivalent of 450.4c/kg, back 12.1c/kg from 462.5c/kg in the week ending August 23, 2015.

This latest Northern Ireland cattle price placed the Republics price 50.1c/kg lower than the equivalent price in the North.

The North’s cattle price was 57.9c/kg higher than the EU average in the week ending September 20 compared to the 63.9c/kg in the week ending August 23.

Nothern Ireland retains its second place position on the EU deadweight cattle prices league table and Great Britain holds onto the top spot.

For the week ending Septemeber 20, the average R3 heifer price in Great Britain was the equivalent price of 487.7c/kg, the LMC said.

This was 6.7c/kg lower than the week ending August 23 when it was the equivalent of 494.3c/kg.

The decline in GB R3 heifer price resulted in the GB/EU price differential narrowing from 95.7c/kg in the week ending August 23, to 95.2c/kg in the week ending September 20, 2015.

Dedweight cattle prices

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