North/south heifer price differential remains over 50c/kg

The North/south heifer price differential remains over 50c/kg, latest figures from the Livestock and Meat Commission (LMC) show.

For the week ending December 6, 2015, the average R3 heifer price in the Republic was 395.4c/kg.

According to the LMC this is an increase of 0.3c/kg from the 395.1c/kg paid in the week ending November 8, 2015.

This latest price for the Republic is 53.1c/kg lower than the equivalent price in Northern Ireland. In the North, the average R3 heifer price for the week ending December 6, 2015 was the equivalent of 448.5c/kg.

This was down 2.2c/kg from 450.6c/kg from the week ending November 8, 2015.

Northern Ireland continues to hold the third place spot on the heifer price league table, the Republic of Ireland sits in sixth place.

Britain remains on the top spot of the heifer price league table.

For the week ending December 6, 2015, the average R3 heifer price in Britain was the equivalent of 489.0c/kg, LMC figures show.

This was a decrease of 1.6c/kg compared to week ending November 8, 2015 when it was the equivalent of 490.6c/kg.

The British/EU price differential widened from 96.0c/kg in the week ending November 8, to 98.5c/kg in the week ending December 6, 2015.

The average R3 heifer price in the EU was 390.5c/kg for the week ending December 6, down 4.2c/kg
from 394.6c/kg in the week ending November 8.

The euro was down at €1= 70.9p in the week ending December 6, 2015.

heifer price
Image: LMC

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