{"id":1335394,"date":"2024-06-24T16:15:00","date_gmt":"2024-06-24T15:15:00","guid":{"rendered":"https:\/\/www.agriland.ie\/?p=1335394"},"modified":"2024-06-24T15:44:08","modified_gmt":"2024-06-24T14:44:08","slug":"factory-quotes-how-are-beef-prices-looking-this-week","status":"publish","type":"post","link":"https:\/\/lightsail.agriland.ie\/farming-news\/factory-quotes-how-are-beef-prices-looking-this-week\/","title":{"rendered":"Factory quotes: How are beef prices looking this week?"},"content":{"rendered":"\n

This week’s factory quotes for beef cattle sees most price offerings remain at a similar level to last week, with demand from factories still good and supplies of finished cattle relatively scarce.<\/p>\n\n\n\n

This season’s grass cattle have started to arrive at factory lairages – albeit still in lower numbers.<\/p>\n\n\n\n

Early reports from farmers who have drafted cattle off grass suggest cattle kill-outs, carcass weights and grades have been good in general despite the challenging weather conditions this spring.<\/p>\n\n\n\n

Grass supplies are tight on many farms also at present and this is encouraging some farmers to draft cattle earlier that they usually might. <\/p>\n\n\n\n

With temperatures rising in recent days, it is hoped growth rates will kick on again over the coming days.<\/p>\n\n\n\n

Factory quotes: Heifers and steers<\/h2>\n\n\n\n

Heifer and bullock (steer) price remains much the same this week as last week at most factories with the trade holding but more of a positive than negative sentiment to pricing at present. <\/p>\n\n\n\n

Heifers are being quoted at \u20ac5.20-5.25\/kg on the grid and steers are being quoted at \u20ac5.15-5.20\/kg.<\/p>\n\n\n\n

Some factories are opening quotes at 5c\/kg below this level but are paying more to secure any significant numbers of cattle. <\/p>\n\n\n\n

Cow price<\/h2>\n\n\n\n

Cow price quotes remain on par with last week, but there is a big variation in the prices actually being paid<\/a> between outlets and depending on cow weight, grade and spec.<\/p>\n\n\n\n

Farmers can click here<\/a><\/strong> to view the prices paid for cows by grade on a factory-by-factory basis in the week ending Sunday, June 16.<\/p>\n\n\n\n

U grade cows are being quoted at up to \u20ac5.10\/kg at the higher-end of the price scale, with other outlets quoting \u20ac4.80-4.90\/kg.<\/p>\n\n\n\n

R grade cows are being quoted at \u20ac4.70-4.80\/kg. O grade cows are being quoted at 4.50-\u20ac4.60\/kg and P grade cows are being quoted at \u20ac4.40-4.50\/kg.<\/p>\n\n\n\n

Interestingly, cow prices in the Republic of Ireland remain above cow prices in Northern Ireland across all grades, but prime cattle prices are stronger in the north.<\/p>\n\n\n\n

Bulls<\/h2>\n\n\n\n

The trade for bulls remains good with up to \u20ac5.40\/kg being quoted for U grade bulls and \u20ac5.30\/kg being quoted for R grade bulls. <\/p>\n\n\n\n

In the week ending Sunday, June 16, over \u20ac5.70\/kg<\/a> was paid for U grade bulls.<\/p>\n\n\n\n

The table below shows the prices paid on a factory-by-factory basis for R=2+ grade Young bulls in the week ending Sunday, June 16:<\/strong><\/p>\n\n\n\n

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\"\"<\/a><\/figure>\n<\/figure>\n\n\n\n

\u20ac5.10\/kg is being quoted for O grade bulls and \u20ac5.00\/kg is being quoted for P grade bulls.<\/p>\n\n\n\n

Under-16-month bulls are being quoted at \u20ac5.05-\u20ac5.10\/kg on the grid.<\/p>\n\n\n