Beef Update
IFA livestock chairman Brendan said the roll over of the suckler cow schemes, BDGP and BEEPs, is welcome in Budget 2022.
However, the IFA livestock chairman said it is disappointing a pilot cattle rearing and finishing scheme was not provided for 2022 to build towards the provision of a scheme for all cattle rearers and finishers in the new CAP. Brendan said the critical issue now for the 2022 suckler cow schemes is ease of access for farmers to these schemes and the facilitation of farmers who had issues with the schemes in the past for the coming year.
Beef Price Update 14/10/21
Steer Base €4.20/4.30kg. Heifers €4.25/4.35kg. Higher deals larger lots. Y Bulls R/U €4.15/4.30Kg. Cows €3.50/4.00kg.
Supply Figures as Reported by DAFM – Week 40 (04.10.2021)
| Animal | Number | Change prev. wk. | % of total | YTD | YTD Change |
| Y Bulls | 1,332 | ▼-192 | 4% | 98,401 | ▼-12,549 |
| Bull | 515 | ▲22 | 1% | 21,416 | ▼-4,904 |
| Steer | 17,191 | ▼-681 | 48% | 518,212 | ▼-9,491 |
| Cow | 6,919 | ▲837 | 19% | 263,412 | ▼-8,213 |
| Heifer | 9,970 | ▲235 | 28% | 363,745 | ▼-29,441 |
| Veal-V | 12 | ▼-24 | 0% | 20,803 | ▼-5,881 |
| Veal-Z | 29 | ▲20 | 0% | 1,222 | ▲45 |
| Total | 35,968 | ▲217 | 100% | 1,287,211 | ▼-70,434 |
Official Irish Prices as Reported by DAFM – Week 40 (04.10.2021)
| c/kg (Incl. VAT) | U3 | Change prev wk | R3 | Changeprev wk | O3 | Changeprev wk | P+3 | Changeprev wk |
| Steers | 451 | ▼-1 | 441 | ▲0 | 421 | ▼-1 | 391 | ▼-3 |
| Heifers | 458 | ▼-1 | 446 | ▲0 | 432 | ▼-3 | 392 | ▲1 |
| Y Bulls | 433 | ▲0 | 424 | ▲0 | 407 | ▼-1 | 385 | ▼-12 |
| Cows | 0 | ▲0 | 397 | ▲1 | 374 | ▲0 | 362 | ▲0 |
Official GB Prices as Reported by AHDB
| Steers | Steers | Heifers | Heifers | Y bull | Y bull | Cow | |
| p/kg | R3 | R4L | R3 | R4L | R3 | R4L | -O4L |
| 02.10.2021 | 417.3 | 419.5 | 416.4 | 418.8 | 409.8 | 409.8 | 294.7 |
| 09.10.2021 | 416.4 | 419.4 | 409.7 | 417.3 | 418.6 | 407.9 | 410.8 |
| Change | ▼-1 | ▼-0 | ▲1 | ▼-0 | ▲1 | ▼-5 | ▼-1 |
| Price in c/kg (Incl VAT) | 523.5 | 527.2 | 524.6 | 526.2 | 516.4 | 508.6 | 368.8 |
Euro Price for the Most Recent Week (€/KG Deadweight excl. VAT)
| Country & Type | 05.10.2019 | 03.10.2020 | 02.10.2021 |
| EU + Y Bulls | € 3.53 | € 3.51 | € 4.03 |
| IE + Steers | € 3.47 | € 3.62 | € 4.18 |
| UK + Steers | € 3.68 | € 4.05 | € 4.82 |
Live Exports W/C 27.09.2021
Sheep Update
IFA sheep committee chairman Sean Dennehy said demand from factories is very strong for lamb this week with prices moving up by over 10c/kg. He said most lambs are now moving at prices of €6.35 to €6.45/kg with €6.50/kg and higher paid for larger lots of suitable lambs. Weights of 23kgs are being talked about and some deals are starting to be done at these levels. Cull ewe demand is not as strong in the factories this week. Sean Dennehy said farmers should continue to move lambs as they become fit while selling hard in a positive and strengthening market for sheep meat.
Lamb Price Update 14/10/21
Lamb €6.35/6.50kg. Weights 22kg. Higher deals for groups and larger lots. Strong demand sell hard. Ewes €3.00/3.30kg.
Supply Figures as Reported by DAFM – Week 40 (04.10.2021)
| Animal | Figure | Change | YTD | YTD Change |
| Lambs/Hoggets | 101 | ▼-437 | 697,441 | ▼-91,107 |
| Spring Lambs | 53,509 | ▲1,475 | 1,111,895 | ▲5,457 |
| Ewes and Rams | 9,964 | ▲813 | 272,314 | ▼-16,125 |
| Light Lambs | 3 | ▲3 | 121 | ▲66 |
| TOTAL | 63,577 | ▲1,854 | 2,081,771 | ▼-101,709 |
Official Irish Prices as Reported by DAFM – Week 40 (04.10.2021)
| c/kg (Incl. VAT) | WK 40 | Change prev. wk | 2020 | Change prev. yr |
| National Avg Price | 613.26 | ▲7 | 489.72 | ▲124 |
| YTD Avg | 660.13 | ▼-1 | 521.13 | ▲139 |
Official GB Prices as Reported by AHDB
| R3L | Overall SQQ* | Type of lamb | |
| 02/10/2021 | 501.6 | 502.3 | New season |
| 09/10/2021 | 521.9 | 522.6 | New season |
| Change | ▲20 | ▲20 | |
| Price in c/kg (Incl VAT) | 656.1 | 657.0 |
