{"id":1315755,"date":"2024-05-28T06:00:00","date_gmt":"2024-05-28T05:00:00","guid":{"rendered":"https:\/\/www.agriland.ie\/?p=1315755"},"modified":"2024-05-27T16:29:45","modified_gmt":"2024-05-27T15:29:45","slug":"irish-factory-price-difference-of-near-e1-kg-for-certain-cows","status":"publish","type":"post","link":"https:\/\/lightsail.agriland.ie\/farming-news\/irish-factory-price-difference-of-near-e1-kg-for-certain-cows\/","title":{"rendered":"Irish factory price difference of near \u20ac1\/kg for certain cows"},"content":{"rendered":"\n

The price difference between the highest and lowest-paying factory for certain cows is at almost \u20ac1\/kg, according to the latest Department of Agriculture Food and the Marine (DAFM) figures.<\/p>\n\n\n\n

Agriland <\/em>conducted an analysis on the prices paid for cows at DAFM-approved factories across each grade using the latest available data from the week ending Sunday, May 19.<\/p>\n\n\n\n

This data is available here <\/a><\/strong>on Agriland <\/em>and is updated on a weekly basis for farmers to view.<\/p>\n\n\n\n

In the R=3= grade cows, there was a significant 96c\/kg variation in the highest and lowest prices reported for the week ending Sunday, May 19.<\/p>\n\n\n\n

The top price reported for R=3= grade cows in the week ending Sunday, May 19, was \u20ac5.16\/kg while the lowest reported price that week was \u20ac4.20\/kg for the same grade of cows. <\/p>\n\n\n\n

The average price paid for R=3= grade cows that week was \u20ac4.98\/kg.<\/p>\n\n\n\n

Looking at the O grade cows and the difference in price is not as high, although it is still significant.<\/p>\n\n\n\n

In the same week mentioned above, the top price paid for O=3= grade cows was \u20ac4.63\/kg while the lowest price paid for O=3= cows was \u20ac4.10\/kg. <\/p>\n\n\n\n

This indicates a difference of 53c\/kg in the highest and lowest prices paid for O=3= cows in the week ending Sunday, May 19. The average price paid that week for cows of that grade was \u20ac4.45\/kg.<\/p>\n\n\n\n

According to figures from the Livestock and Meat Commission (LMC), the average overall O3 cow price in the ROI that week was approximately \u20ac4.30\/kg which was higher than the average O3 cow price in Northern Ireland of \u20ac4.09\/kg in the week ending Sunday, May 19.<\/p>\n\n\n\n

The average O3 cow price in Scotland that week was \u20ac4.60\/kg.<\/p>\n\n\n\n

A 5-10c\/kg difference in price between factory outlets is not uncommon but a difference of over 90c\/kg between factories is significant. <\/p>\n\n\n\n

Often some factories are stronger than others on price for certain types of cattle, depending on the range of jobs they have for the subsequent beef produced from these cattle. <\/p>\n\n\n\n

It demonstrates the importance of farmers being aware of the general going rate on prices for cattle before selling them to, ensure they are getting a fair price and maximising the financial return for the produce from their farm.<\/p>\n\n\n