Ireland falls further on EU cattle prices league table

The Republic of Ireland has dropped two places to seventh on the EU deadweight cattle prices league table, figures from the Livestock and Meat Commission (LMC) show.

In the week ending October 4, 2015, the average R3 heifer price in the Republic was 393.2c/kg back 10.0c/kg from the 403.2c/kg paid in the week ending September 6, 2015.

This latest price places the Republic just 0.2c/kg above the EU average price, the figures show.

Italy, France and Luxembourg have all overtaken Ireland on the league table.

Northern Ireland has been knocked off the second-place spot by Sweden and the average R3 heifer price in the North for the week ending October 4, was the equivalent of 440.7c/kg.

This latest price is back 9.2c/kg from the 449.8c/kg paid in the week ending September 6.

The price differential between the Republic and the North is now the equivalent of 47.7c/kg.

The average R3 heifer price in the EU is down 2.7c/kg from the 395.7c/kg paid in the week ending September 6, 2015.

Britain retains the top spot on the league table with an equivalent price of 483.9c/kg in the week ending October 4.

This was an increase of 1.2c/kg compared to week ending September 6 when it was the equivalent of 482.7c/kg. The increase in British R3 heifer price resulted in the Britain/EU price differential widening from 87.0c/kg in the week ending September 6 to 90.9c/kg in the week ending October 4.

EU cattle prices

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