beef prices Archives - LSL Auctions News

beef prices

LSL Select Price Report – Cattle Mart 03/02/2023

Friday’s selected Cattle Mart Price Report: Copyright LSL Auctions. SC 600-700KG Avg Price/KgBBX 2.22/kgCHX 2.48/kgFR 1.51/kgLMX 2.46/kgHighest Price/Kg Lots:LMX, 655kg 2.92/kg 1910.00CHX, 680kg 2.90/kg 1970.00CHX, 685kg 2.88/kg 1970.00SIX, 680kg 2.74/kg 1860.00CHX, 685kg 2.69/kg 1840.00LMX, 610kg 2.67/kg 1630.00 SC 700-800KG Avg Price/KgBBX 2.78/kgCHX 2.81/kgLM 2.92/kgLMX 2.94/kgSIX 2.53/kgHighest Price/Kg Lots:CHX, 715kg 3.30/kg 2360.00CHX, 775kg 3.07/kg 2380.00LMX, 790kg 3.04/kg 2400.00CHX, 745kg 3.03/kg 2260.00LM, 760kg 3.01/kg 2290.00CHX, 760kg 2.95/kg 2240.00 SC 800-900KG Avg Price/KgLMX…

Inconsistent beef prices “suspicious” – ICMSA

Des Morrison, the Chairperson of the Irish Creamery Milk Suppliers Association’s (ICMSA) Livestock Committee, has brought attention to what he notes is a “bluntly suspicious” development with regards to variable beef prices – he points out that these either rise or remain stable across Europe, but not in Ireland. “The average reported Irish R3 steer price as of the 6 August 2022 was €4.81/kg excluding VAT, which was down 42c/kg…

Beef and spring lamb prices increase – 19 May, 2022

Beef prices have increased 5 to 10c/kg in the past week as demand continues to exceed supply. IFA Livestock chairman Brendan Golden said farmers should shop around – beef prices quoted and paid can differ by up to 20c/kg for all types of cattle. Demand is likely to continue in the key UK and EU markets into the summer months. Beef price update Steer base EUR 5.05/5.25kg. Heifers EUR 5.10/5.30kg.…

Irish beef prices up post-Brexit

Less than 18 months since Brexit and market demand for Irish beef continues to be strong. What’s more, the price of beef continues to strengthen. That’s despite more than half the Irish beef that originally went into the zone exiting the EU now going elsewhere. In addition, beef supplies for the manufacturing and catering sectors remain strong albeit through what is traditionally the weakest demand period in a year. That…

Farmers should sell beef hard in current rising market, says IFA

Demand for beef in Ireland’s key export markets continues to drive the trade, according to IFA Livestock Committee chairman Brendan Golden. In a recent beef update on 13 May, 2022, he said supplies are not meeting demand and factories want cattle for immediate slaughter. Golden said UK prices rose again this week and, combined with the EU price, are resting 16c/kg above our price in the Prime Export Benchmark measure…

NI beef prices for March 2022

The latest figures for Northern Ireland beef prices this month show that factories increased young bull, steer, and cull cow prices but Heifers experienced a slight downturn. Base quotes from NI processors for U-3 grade steers and heifers “strengthened” and ranged from 392-406p/kg. The trade for cows continued to build, with quotes for good quality O+3s in the region of 280-326p/kg across factories. LMC March beef statistics – The average…