Irish heifer prices remain above EU average

The average R3 heifer price in the Republic for the week ending June 14 2015 was 425.7c/kg, this was 30.1c/kg above the EU average price, the Northern Ireland Livestock and Meat Commisson (LMC) says.

This latest R3 heifer price for the Republic of Ireland was up 8.8c/kg from the 417.0c/kg paid for the week ending May 17 2015, the LMC says.

The average R3 heifer price in the EU for the week ending June 14 was 395.6c/kg, up 2.3c/kg from 393.3c/kg in the week ending May 17, it says.

The Republic has also retained its fourth place spot on the EU deadweight cattle price league table.

In Northern Ireland, the average R3 heifer price for the week ending June 14 was the equivalent of 443.2c/kg, down 9.3c/kg from 452.5c/kg in the week ending May 17, it says.

The North’s latest R3 heifer price was 17.5c/kg higher than the equivalent price in the Republic, it says.

The North also retains its second place spot on the EU deadweight cattle price league table.

Looking to the UK, the average R3 heifer price for the week ending June 14 was the equivalent of 463.6c/kg. The LMC says that this is an increase of 5.6c/kg from the week ending May 17.

The increase in the UK R3 heifer price resulted in the UK/EU price differential widening from 64.7c/kg in the week ending May 17 to 68.0c/kg in the week ending June 14.

 

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