Beef Update
IFA Livestock Chairman Brendan Golden has encouraged farmers to apply for BEEP-S, which opened this week.
Last year, over 24,000 farmers applied for the scheme. “Suckler farmers are the backbone of our beef industry and IFA continues to look for strong supports for them,” he said.
Brendan Golden said under BEEP–S, participants may be eligible for up to €90 for the first 10 suckler cow/calf pairs per herd and up to €80 per pair thereafter subject to an overall maximum of 100 pairs per herd, if all actions under the scheme are applied for and completed in full.
He reminded farmers that the closing date is Monday, April 26th.
Beef Price Update 18/03/21
Steer base €3.80/3.85kg. Heifers €3.85/3.90kg. Higher deals. Market strong. Y Bulls R/U €3.70/3.95kg. Cows €3.10/3.65kg.
Supply Figures as Reported by DAFM – Week 10 (08.03.2021)
| Animal | Number | Change prev. wk. | % of total | YTD | YTD Change |
| Y Bulls | 2,629 | ▼-25 | 8% | 32,846 | ▼-13,286 |
| Bull | 528 | ▲71 | 2% | 3,810 | ▼-1,735 |
| Steer | 12,758 | ▲1,091 | 38% | 111,456 | ▼-9,999 |
| Cow | 6,108 | ▲38 | 18% | 62,873 | ▼-3,743 |
| Heifer | 8,863 | ▼-669 | 26% | 98,466 | ▼-14,935 |
| Veal-V | 3,074 | ▼-518 | 9% | 14,315 | ▲1,145 |
| Veal-Z | 27 | ▼-33 | 0% | 437 | ▲56 |
| Total | 33,987 | ▼-45 | 100% | 324,203 | ▼-42,497 |
Official Irish Prices as Reported by DAFM – Week 10 (08.03.2021)
| c/kg (Incl. VAT) | U3 | Changeprev. wk | R3 | Change prev. wk | O3 | Change prev. wk | P+3 | Changeprev. wk |
| Steers | 414 | ▲4 | 401 | ▲2 | 384 | ▲2 | 354 | ▲3 |
| Heifers | 419 | ▲3 | 404 | ▲0 | 392 | ▲3 | 350 | ▲4 |
| Y Bulls | 395 | ▲4 | 382 | ▲4 | 365 | ▲1 | 355 | ▼-4 |
| Cows | 0 | ▲0 | 343 | ▲3 | 321 | ▲5 | 308 | ▲5 |
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 |
| 06.03.2021 | 383.8 | 386.3 | 384.2 | 386.6 | 373.2 | 369.6 | 275.4 |
| 13.03.2021 | 387.9 | 390.5 | 387.3 | 390.2 | 378.9 | 376.2 | 279.4 |
| Change | ▲4 | ▲4 | ▲3 | ▲4 | ▲6 | ▲7 | ▲4 |
| Price in c/kg(Incl. VAT) | 481.9 | 485.1 | 481.2 | 484.8 | 470.7 | 467.4 | 347.1 |
Live Exports W/C 01.03.2021
Sheep Update
IFA National Sheep Committee Chairman Sean Dennehy said QA hoggets are making €7.30-7.40/kg, with deals to €7.50/kg.
Higher deals are available for groups and larger lots. Cull ewes are making from €2.90-€3.20/kg.
“Factory demand is strong with supply numbers remaining tight,” he said.
Sean Dennehy said the mart trade continues to strengthen, with strong competition for the limited supply of hoggets available.
Farmers should sell hard, while moving hoggets as they become fit.
Lamb Price Update 18/03/21
QA Hoggets €7.30/7.40kg. Up to €7.50kg. Higher deals for groups and larger lots. Strong demand. Ewes €2.90/3.20kg.
Supply Figures as Reported by DAFM – Week 10 (08.03.2021)
| Animal | Figure | Change | YTD | YTD Change |
| Lambs/Hoggets | 40,749 | ▼-1,882 | 407,661 | ▼-23,438 |
| Spring Lambs | 0 | ▲0 | 0 | ▲0 |
| Ewes and Rams | 4,697 | ▲137 | 55,562 | ▼-9,440 |
| Light Lambs | 12 | ▼-14 | 72 | ▲60 |
| TOTAL | 45,458 | ▼-1,759 | 463,295 | ▼-32,818 |
Official Irish Prices as Reported by DAFM – Week 10 (08.03.2021)
| c/kg (Incl. VAT) | WK 10 | Change prev. wk | 2020 | Change prev. yr |
| National Avg Price | 691.00 | ▲9 | 533.74 | ▲157 |
| YTD Avg | 621.28 | ▲8 | 506.63 | ▲115 |
Official GB Prices as Reported by AHDB
| R3L | Overall SQQ* | Type of lamb | |
| 06.03.2021 | 617.5 | 615.3 | Old season |
| 13.03.2021 | 636.7 | 634.1 | Old season |
| Change | ▲19 | ▲19 | |
| Price in c/kg(Incl. VAT) | 791.0 | 787.8 |
Total Live Sheep Exports 2020 as Reported by DAFM
