Beef Update
IFA Livestock Chairman Brendan Golden said market conditions for beef remains strong. The Export Benchmark Price of €3.76/kg is steady, reflecting beef prices in our key export markets.
He said supplies of suitable cattle are tight. When last week’s kill is corrected for finished cattle, the kill was 29,780, over 7,000 less than the corresponding week in 2020. Attempts by factories to undermine the trade with lower quotes are unjustified and are meeting very strong resistance from farmers selling cattle. Prices have strengthened in the past few days steers are making €3.75 to €3.80/kg, Heifers €3.80 to €3.85/kg despite lower quotes.
Beef Price Update 18/02/2021
Steer base €3.70/3.75kg. Heifers €3.75/3.80kg. Higher deals. Y Bulls R/U €3.60/3.80kg. Cows €2.90/3.40kg. Market strong.
Supply Figures as Reported by DAFM – Week 6 (08.02.2021)
| Animal | Number | Change prev. wk. | % of total | YTD | YTD Change |
| Y Bulls | 3299 | ▼-138 | 11% | 21070 | ▼-8,566 |
| Bull | 353 | ▲25 | 1% | 1932 | ▼-933 |
| Steer | 10706 | ▼-466 | 34% | 65255 | ▼-3,933 |
| Cow | 6072 | ▲44 | 19% | 37660 | ▼-8 |
| Heifer | 9350 | ▲89 | 30% | 61473 | ▼-5,489 |
| Veal-V | 1389 | ▲1,187 | 4% | 1669 | ▲871 |
| Veal-Z | 56 | ▲30 | 0% | 223 | ▲13 |
| Total | 31225 | ▲771 | 100% | 189282 | ▼-18,045 |
Official Irish Prices as Reported by DAFM – Week 6 (08.02.2021)
| c/kg (Incl. VAT) | U3 | Changeprev. wk. | R3 | Change prev. wk. | O3 | Change prev. wk. | P+3 | Change prev. wk. |
| Steers | 409 | ▼-6 | 400 | ▼-4 | 383 | ▼-4 | 352 | ▼-3 |
| Heifers | 419 | ▼-4 | 404 | ▼-5 | 390 | ▼-6 | 344 | ▼-6 |
| Y Bulls | 391 | ▼-5 | 378 | ▼-5 | 363 | ▼-7 | 353 | ▼-5 |
| Cows | 0 | ▲0 | 335 | ▼-7 | 313 | ▼-7 | 298 | ▼-9 |
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 |
| 06.02.2021 | 383 | 387.2 | 383 | 386.9 | 375.9 | 375.9 | 265.5 |
| 13.02.2021 | 380.6 | 383.5 | 381.4 | 383 | 372.2 | 367.4 | 269 |
| Change | ▼-2 | ▼-4 | ▼-2 | ▼-4 | ▼-4 | ▼-9 | ▲4 |
| Price in c/kg (incl VAT) | 462.0 | 465.5 | 462.9 | 464.9 | 451.8 | 445.9 | 326.5 |
Sheep Update
Sean Dennehy said there must be a national ownership database for all dogs that allows those responsible for them be identified. There must also be appropriate sanctions to act as a deterrent for those who allow their animals to cause this devastation on sheep farms and there must be resources put in place to enforce these sanctions.
He said this is an issue that effects all sheep farmers and it’s not confined to people who are out walking dogs. Frequently, these attacks on sheep are as result of dog owners allowing their pets roam free while they are away at work, or at night time. Dog owners are responsible for having their dogs under control and must be accountable for them at all times.
Lamb Price Update 18/02/21
QA Hoggets €6.40/6.50kg. Higher deals for groups and larger lots. Ewes €2.80/3.10kg. Supplies tight.
Supply Figures as Reported by DAFM – Week 6 (08.02.2021)
| Animal | Figure | Change | YTD | YTD Change |
| Lambs/Hoggets | 38108 | ▲4,439 | 246914 | ▼-18,676 |
| Spring Lambs | 0 | ▲0 | 0 | ▲0 |
| Ewes and Rams | 3580 | ▼-1,318 | 33865 | ▼-9,014 |
Official Irish Prices as Reported by DAFM – Week 6 (08.02.2021)
| c/kg(Incl. VAT) | WK 6 | Changeprev. wk | 2020 | Changeprev. yr |
| Avg Mart Price | 529.20 | ▼-4 | 468.55 | ▲61 |
| National Avg Price | 613.94 | ▲10 | 509.47 | ▲104 |
| YTD Avg | 593.05 | ▲4 | 489.23 | ▲104 |
Official GB Prices as Reported by AHDB
| R3L | Overall SQQ* | Type of lamb | |
| 06.02.2021 | 581.9 | 580.6 | Old season |
| 13.02.2021 | 594.3 | 593.3 | Old season |
| Change | ▲12 | ▲13 | |
| Price in c/kg(incl VAT) | 721.4 | 720.1 |
