Ireland continues to hold sixth place on EU heifer price league table
The average R3 heifer price in the Republic of Ireland for the week ending January 3, 2016 was 398.9c/kg, according to the Livestock and Meat Commission (LMC).
This is an increase of 3.5c/kg from the 395.4c/kg paid in the week ending December 6, 2015.
Ireland continues to hold sixth place on the LMC’s EU deadweight heifer price league table.
The LMC has stated that this latest heifer price for the Republic placed it 7.2c/kg above the EU average price.
Comparing the heifer price in the Republic and Northern Ireland, the price south of the border was 36.6c/kg lower than the equivalent price in the North.
For the week ending January 1, 2016 the R3 heifer price in the North was the equivalent of 428.3c/kg, down
20.2c/kg from 448.5c/kg in the week ending December 6 last year.
Northern Ireland remains in third place on the heifer price league table.
Looking to Britain, it retains the top spot on the league table, with an equivalent price of 461.6c/kg in the week ending January 1, 2016.
This was a decrease of 27.3c/kg compared to week ending December 6, when it was the equivalent of 489.0c/kg, according to the LMC.
The British/EU price differential narrowed from 98.5c/kg in the week ending December 6, to 69.9c/kg in the week ending January 3, 2016.