Ireland retains third place on EU cattle prices league table

Irish cattle prices have retained their third place spot on the EU deadweight cattle prices league table, figures from the Livestock and Meat Commission (LMC) show.

For the week ending July 19 the LMC says that the average R3 heifer price in the Republic was 430.4c/kg.

This latest price is up 3.8c/kg from the 426.6c/kg paid in the week ending June 21, 2015 and it is 27.3c/kg above the EU average price (403.1c/kg).

Looking to Northern Ireland, it retains its second place on the EU deadweight cattle prices league table and this latest price is 56.9c/kg above the price paid in the Republic.

In the North for the week ending July 19, the average R3 heifer price was 487.3c/kg, up 26.4c/kg from the 461.0c/kg paid in the week ending June 21, 2015.

The LMC says that the North’s heifer price was 84.2c/kg higher than the EU average in the week ending July 19, compared to 62.4c/kg in the week ending June 21.

Looking to the UK, which retains the top spot on the league table, the average R3 heifer price for the week ending July 19 was 510.5c/kg.

This latest price is an increase of 35.1c/kg from the week ending June 21, the LMC says.

This latest increase in the UK R3 heifer price resulted in the UK/EU price differential widening
from 76.8c/kg in the week ending June 21 to 107.4c/kg in the week ending July 19, 2015.

Image: Livestock and Meat Commission (LMC)
Image: Livestock and Meat Commission (LMC)
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