Irish heifer price remains unchanged on last month

For the week ending February 2, 2016, the average R3 heifer price in the Republic of Ireland was 398.1c/kg, back 0.5c/kg from the 398.6c/kg paid in the week ending January 10.

This latest price from the Livestock and Meat Commission (LMC) placed it 12.3c/kg above the EU average price.

Ireland also continues to hold sixth place on the EU deadweight cattle price league table.

In Northern Ireland, the R3 heifer price was the equivalent of 412.8c/kg, down 11.5c/kg from 424.3c/kg in the week ending January 10, 2016.

The North’s heifer price was 27c/kg higher than the EU average price.

Comparing the heifer price north and south of the border, the average price in the Republic was 14.7c/kg lower than the equivalent price in Northern Ireland.

Meanwhile, Britain continues to hold second place on the league table, after Sweden overtook it some weeks ago.

For the week ending February 7, the average heifer price was the equivalent of 441.3c/kg. This was a decrease of 15.3c/kg compared to week ending January 10, when it was the equivalent of 456.7c/kg.

According to the LMC, the British/EU price differential narrowed from 67.0c/kg in the week ending January 10 to 55.5c/kg in the week ending February 7.

In the EU, the average R3 heifer price in was 385.8c/kg, down 3.9c/kg from 389.7c/kg in the week ending January 10, 2016.

Heifer Price

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